Science Intensity of the Business Sector in Russia: An Analysis and Development Proposals

Abstract

Introduction. In the context of global competition between intellectual industries and building transnational structures that ensure socio-economic development, joining the world’s top 5 most innovative economies is possible only in case of increasing the science intensity of the business sector of the economy. Based on the results of the study conducted, the article gives an analysis of the industry average values of the costs of enterprises for research and development (R&D) in economically developed countries and outlines proposals for achieving a similar level of costs for such work in Russia. Materials and Methods. The study used data from the Organisation for Economic Co-operation and Development international statistical database, those from Rosstat, and reports from companies implementing innovative development programs. The results of the implementation of the programs for innovative development of Russian state corporations were evaluated. The study employed the methods of economic analysis, comparison, generalization, induction, and deduction. Results. On the basis of the study conducted, the authors have proposed recommendations for bringing the R&D costs to the level of the industry average values in economically developed countries. The authors have also proposed to secure the coefficients of the R&D costs corresponding to those in countries leading in innovative development in the programs of innovative development of organizations, taking into account the industry specifics. The authors have recommended introduction of such tools that ensure the achievement of the level of investment expenditures in R&D of economically developed countries, as the “qualified customer” model and the innovation voucher. Discussion and Conclusion. Based on the results of the analysis performed, a conclusion has been drawn that not all state corporations fully implement the assigned tasks. In order to ensure the technological development of the country, a number of federal executive bodies have been implementing a set of measures which lack synchronization. The results of this study can be used by public authorities when making managerial decisions in research and development.