Speech at Meeting of the Commission for Modernisation and Technological Development of Russias Economy.Part 2
November 25, 2009
Lomonosov Moscow State University, Moscow
Выступление на заседании Комиссии по модернизации и технологическому развитию экономики России.
25 ноября 2009 года
Москва, МГУ имени М.В.Ломоносова
We need to put in place a co-financing system for research and development projects that corresponds to our priorities, and we also need to create incentives for private business to invest in these projects and make active use of the possibilities they offer. In other words, our task is to achieve a new synergy between the state programmes and the development institutions that have government funds intended for these purposes, and private financing in order to keep our joint activities focused rather than letting our efforts become dispersed for opportunistic or whatever other reasons.
There are several stages of work that I will run through now. At the start-up stage projects need access to venture funding and loans. During the second stage they need to be able to make use of the various funds and federal targeted programmes and the resources allocated through the Academy of Sciences research programmes. During the final stage tested inventions and patented new technology ready for commercialisation should receive the support of our major development institutions. This is the best moment for making use of the potential offered by institutions such as VEB [Vnesheconombank], RUSNANO, the Investment Fund, technology incubation zones and technology parks. Of course, the same goes for projects that we need to acquire abroad.
What else is important? We need to make sure we do not duplicate financing. This happens very frequently. Often, leafing through all of these proposals, these rather large catalogues, even if youre not a specialist you still find yourself thinking that the same names keep coming up again and again and that the same projects are supervised by lots of various agencies. I put this down not just to my lack of knowledge, my ignorance of this or that nuance, but also to the fact that various sources of financing are used to fund relevant projects on similar or the same subjects in the hope that if we take three rubles here and five rubles there, squeeze a bit more from wherever we can, we will achieve some kind of result in the end.
But we do not see any result because all these bits and pieces of funding are not enough to see projects through to completion. We therefore need to ensure that project financing is not duplicated, and we also need to provide for full-fledged risk-sharing with private investors, also not easy to organise, as private investors, understandably, are very cautious about entering such ventures.
The adoption of part four of the Civil Code and the Federal Law on Technology Transfers, as well as the law enabling universities and scientific institutions to establish small businesses gives us the legal base we need for scientific and educational institutions to carry out business activity in the high-tech sector. This gives the market access to the fruits of scientific research and the possibility of employing intellectual property, including that created using federal budget money.
Incidentally, I would like to take a look at how these laws are being applied, including the law on setting up small businesses. Have any difficulties come up with their implementation? I am sure that there no doubt are problems. I would like to hear about the results achieved over these last months. We should give private business the possibility of using the results of scientific research ordered by the state. In return, investors should finance test, design and related work. In other words, we need to find areas in which our interests meet.
In conclusion, I want to remind you that the priority areas for establishing national research centres have not been settled yet. There are no general principles and no corresponding legal base for these centres operation. I know that our one and only national research centre at the Kurchatov Institute is up and running now, but this is obviously far from enough.
The Government needs to draft the relevant documents. This goes for scientific and technology funds too. We need to get these laws passed as soon as we can.
This is an eventful time in general. We are discussing development institutions today and their contribution to our economys technological modernisation and development.
http://www.kremlin.ru
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