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Russia significantly increased public investment in innovation - Medvedev

In accordance with the strategy of innovative development until 2020, Russia has significantly increased state investments in this area. This was stated by Russian Prime Minister Dmitry Medvedev, speaking at the Open Innovations forum in Moscow.

«Зand the period from 2007 to 2013 year was supported by 13 thousand projects worth 700 billion rubles, said the Russian prime minister. He stressed that in the countryDeveloped basic development institutions, such as Russian Venture Company, Rusnano, Skolkovo Foundation, the Foundation for Assistance to the Development of Small Enterprises in the Scientific and Technical Sphere and etc. As noted by Medvedev, Russia has already formed a network of federal universities, national research universities and leading scientific organizations engaged in innovation activities. “In the development of research, in the expansion of university cooperation with industry, only in the last few years 135 billion rubles have been invested,” he said.

The forum was also addressed by Premier of the State Council of China Li Keqiang. According to him, Russia and China "have great potential for establishing innovative cooperation." «If we combine the advantages of the Russian side in natural resources, scientific, technical and intellectual potential and the advantages of the Chinese side in production, financial resources and a vast market, we add the wings of innovation to Chinese and Russian production, we will get a double powerful effect far beyond our countries. ” , - said Li Keqiang.

The Moscow International Forum of Innovative Development "Open Innovations" is held since 2012 year and is aimed at enhancing the work on the promotion of Russian innovative developments on the international market, increasing the effectiveness of interaction between Russian and foreign participants in the innovation process and facilitating Russia's integration into the world innovation process.

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