Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies
This paper explores fundamental issues affecting technology commercialization of publicly funded research and development (R&D) in the Russian Federation. Despite substantial R&D investments, Russia has experienced a decline in scientific o...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2012/11/16952751/commercialization-publicly-funded-research-development-rd-russia-scaling-up-emergence-spinoff-companies http://hdl.handle.net/10986/19932 |
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okr-10986-19932 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACADEMIC DEPARTMENTS ACADEMIC INSTITUTIONS AGRICULTURAL RESEARCH APPLIED RESEARCH BALANCE SHEET BASIC RESEARCH BIOTECHNOLOGY BRAIN DRAIN BUSINESS DEVELOPMENT BUSINESS ENTITIES BUSINESS PLAN BUSINESS PLANS BUSINESS SCHOOL BUSINESS SECTOR BUSINESSES CAPABILITIES CAPACITY-BUILDING CAPITAL ASSETS CAPITAL FUNDING CAPITAL INVESTMENT CAREER CAREER ADVANCEMENT CAREER DEVELOPMENT CAREER OPPORTUNITIES CAREERS CHEMICAL ENGINEERING COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGY COMPUTER TECHNOLOGY CONSULTING SERVICES CONSUMER GOODS CONTACT INFORMATION COUNTRY OF ORIGIN CROSS-FERTILIZATION DIASPORA DIASPORA NETWORKS DIGITAL COMMUNICATION DIGITAL COMMUNICATIONS ECONOMIC DEVELOPMENT ECONOMIC SECTORS EMPLOYMENT ENGINEERS ENTERPRISE SURVEY ENTREPRENEURIAL CULTURE EQUIPMENT EXPENDITURES EXPERT OPINIONS EXPORT PROMOTION FACULTIES FACULTY MEMBERS FEDERAL UNIVERSITIES FINANCIAL RESOURCES FINANCIAL SUPPORT FOREIGN INVESTMENT FUNDAMENTAL RESEARCH GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT FUNDING HIGHER EDUCATION HIGHER EDUCATION INSTITUTIONS HUMAN CAPITAL ICT INDUSTRIAL BASE INDUSTRIAL ENTERPRISES INFORMATION ASYMMETRIES INFORMATION SOCIETY INFORMATION TECHNOLOGY INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INSTALLATIONS INSTITUTION INTANGIBLE ASSET INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INTERNATIONAL COMPARISON INVENTION INVENTIONS INVESTMENTS IN R&D IP JOINT VENTURES KNOWLEDGE ECONOMY LEARNING LEGAL FRAMEWORK LICENSE LICENSE AGREEMENTS LICENSES LICENSING LITERATURE MACHINERY MANUFACTURING MARKET POTENTIAL MARKETING MATERIAL MEDICINE MINISTRY OF EDUCATION NATURAL RESOURCES NATURAL SCIENCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPABILITY PAPERS PAYMENT SYSTEM PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRODUCT CATEGORIES PRODUCTIVITY PROOF OF CONCEPT PROTOTYPES R&D EXPENDITURES R&D PERSONNEL RADIO RESEARCH CAPACITY RESEARCH CENTERS RESEARCH COLLABORATION RESEARCH COMMERCIALIZATION RESEARCH INSTITUTE RESEARCH INSTITUTES RESEARCH INSTITUTIONS RESEARCH LABORATORIES RESEARCH ORGANIZATIONS RESEARCH POLICY RESEARCH PRODUCTIVITY RESEARCH RESULTS RESEARCH UNIVERSITIES RESEARCH WORKING PAPERS RESEARCHERS RESULT RESULTS ROLE OF INSTITUTIONS SCIENCE DEGREES SCIENTIFIC COMMUNITY SCIENTIFIC EXPERIMENTS SCIENTIFIC PAPERS SCIENTIFIC PUBLICATIONS SCIENTIFIC RESEARCH SCIENTIST SCIENTISTS SEED CAPITAL SEMICONDUCTORS SKILLED LABOR SKILLED PEOPLE SOFTWARE EXPORTS SUPPORT STAFF SURVEY DATA TEACHING TECHNICAL UNIVERSITY TECHNICIANS TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL POTENTIAL TECHNOLOGY COMMERCIALIZATION TECHNOLOGY DEVELOPMENT TECHNOLOGY LAW TECHNOLOGY PUSH TECHNOLOGY TRANSFER TECHNOLOGY TRANSFER OFFICES TELECOMMUNICATIONS UNDERDEVELOPMENT UNIVERSITIES UNIVERSITY ADMINISTRATORS UNIVERSITY DEGREES UNIVERSITY FACULTY UNIVERSITY RESEARCH UNIVERSITY SCIENCE USERS USES VENTURE CAPITAL |
| spellingShingle |
ACADEMIC DEPARTMENTS ACADEMIC INSTITUTIONS AGRICULTURAL RESEARCH APPLIED RESEARCH BALANCE SHEET BASIC RESEARCH BIOTECHNOLOGY BRAIN DRAIN BUSINESS DEVELOPMENT BUSINESS ENTITIES BUSINESS PLAN BUSINESS PLANS BUSINESS SCHOOL BUSINESS SECTOR BUSINESSES CAPABILITIES CAPACITY-BUILDING CAPITAL ASSETS CAPITAL FUNDING CAPITAL INVESTMENT CAREER CAREER ADVANCEMENT CAREER DEVELOPMENT CAREER OPPORTUNITIES CAREERS CHEMICAL ENGINEERING COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGY COMPUTER TECHNOLOGY CONSULTING SERVICES CONSUMER GOODS CONTACT INFORMATION COUNTRY OF ORIGIN CROSS-FERTILIZATION DIASPORA DIASPORA NETWORKS DIGITAL COMMUNICATION DIGITAL COMMUNICATIONS ECONOMIC DEVELOPMENT ECONOMIC SECTORS EMPLOYMENT ENGINEERS ENTERPRISE SURVEY ENTREPRENEURIAL CULTURE EQUIPMENT EXPENDITURES EXPERT OPINIONS EXPORT PROMOTION FACULTIES FACULTY MEMBERS FEDERAL UNIVERSITIES FINANCIAL RESOURCES FINANCIAL SUPPORT FOREIGN INVESTMENT FUNDAMENTAL RESEARCH GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT FUNDING HIGHER EDUCATION HIGHER EDUCATION INSTITUTIONS HUMAN CAPITAL ICT INDUSTRIAL BASE INDUSTRIAL ENTERPRISES INFORMATION ASYMMETRIES INFORMATION SOCIETY INFORMATION TECHNOLOGY INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INSTALLATIONS INSTITUTION INTANGIBLE ASSET INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INTERNATIONAL COMPARISON INVENTION INVENTIONS INVESTMENTS IN R&D IP JOINT VENTURES KNOWLEDGE ECONOMY LEARNING LEGAL FRAMEWORK LICENSE LICENSE AGREEMENTS LICENSES LICENSING LITERATURE MACHINERY MANUFACTURING MARKET POTENTIAL MARKETING MATERIAL MEDICINE MINISTRY OF EDUCATION NATURAL RESOURCES NATURAL SCIENCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPABILITY PAPERS PAYMENT SYSTEM PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRODUCT CATEGORIES PRODUCTIVITY PROOF OF CONCEPT PROTOTYPES R&D EXPENDITURES R&D PERSONNEL RADIO RESEARCH CAPACITY RESEARCH CENTERS RESEARCH COLLABORATION RESEARCH COMMERCIALIZATION RESEARCH INSTITUTE RESEARCH INSTITUTES RESEARCH INSTITUTIONS RESEARCH LABORATORIES RESEARCH ORGANIZATIONS RESEARCH POLICY RESEARCH PRODUCTIVITY RESEARCH RESULTS RESEARCH UNIVERSITIES RESEARCH WORKING PAPERS RESEARCHERS RESULT RESULTS ROLE OF INSTITUTIONS SCIENCE DEGREES SCIENTIFIC COMMUNITY SCIENTIFIC EXPERIMENTS SCIENTIFIC PAPERS SCIENTIFIC PUBLICATIONS SCIENTIFIC RESEARCH SCIENTIST SCIENTISTS SEED CAPITAL SEMICONDUCTORS SKILLED LABOR SKILLED PEOPLE SOFTWARE EXPORTS SUPPORT STAFF SURVEY DATA TEACHING TECHNICAL UNIVERSITY TECHNICIANS TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL POTENTIAL TECHNOLOGY COMMERCIALIZATION TECHNOLOGY DEVELOPMENT TECHNOLOGY LAW TECHNOLOGY PUSH TECHNOLOGY TRANSFER TECHNOLOGY TRANSFER OFFICES TELECOMMUNICATIONS UNDERDEVELOPMENT UNIVERSITIES UNIVERSITY ADMINISTRATORS UNIVERSITY DEGREES UNIVERSITY FACULTY UNIVERSITY RESEARCH UNIVERSITY SCIENCE USERS USES VENTURE CAPITAL Gutierrez, Juan Julio Correa, Paulo Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| geographic_facet |
Europe and Central Asia Russian Federation |
| relation |
Policy Research Working Paper;No. 6263 |
| description |
This paper explores fundamental issues
affecting technology commercialization of publicly funded
research and development (R&D) in the Russian
Federation. Despite substantial R&D investments, Russia
has experienced a decline in scientific output and
employment. Nevertheless, the innovation system remains
strong in several technological fields. This paper develops
an analytical framework to discuss conditions for technology
commercialization, which hinge on the innovation system
research base, governance of research institutions,
alignment between specialization and sector prioritization,
availability and performance of scientists and engineers,
intellectual property (IP) regime for publicly funded
discoveries, and early stage finance. The paper identifies
areas for policy and regulatory improvement to incentivize
research institutes and scientists to undertake research
with market potential. These include: stronger results-based
management that rewards commercialization efforts and
focuses not only on high-technology sectors, but also on
sectors where Russia has technological comparative
advantages. In addition, researchers' career
development could consider performance metrics that include
entrepreneurial achievements, as well as support for young
scientists and for international collaboration. Moreover,
the IP regime for federally funded R&D may consider
transferring full ownership of research discoveries to
research organizations. Finally, to increase deal-flow of
new ventures, enhancing the supply of early-stage financing
for new technologies may be considered. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Gutierrez, Juan Julio Correa, Paulo |
| author_facet |
Gutierrez, Juan Julio Correa, Paulo |
| author_sort |
Gutierrez, Juan Julio |
| title |
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| title_short |
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| title_full |
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| title_fullStr |
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| title_full_unstemmed |
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies |
| title_sort |
commercialization of publicly funded research and development in russia : scaling up the emergence of spinoff companies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2012/11/16952751/commercialization-publicly-funded-research-development-rd-russia-scaling-up-emergence-spinoff-companies http://hdl.handle.net/10986/19932 |
| _version_ |
1764443934903238656 |
| spelling |
okr-10986-199322021-04-23T14:03:52Z Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies Gutierrez, Juan Julio Correa, Paulo ACADEMIC DEPARTMENTS ACADEMIC INSTITUTIONS AGRICULTURAL RESEARCH APPLIED RESEARCH BALANCE SHEET BASIC RESEARCH BIOTECHNOLOGY BRAIN DRAIN BUSINESS DEVELOPMENT BUSINESS ENTITIES BUSINESS PLAN BUSINESS PLANS BUSINESS SCHOOL BUSINESS SECTOR BUSINESSES CAPABILITIES CAPACITY-BUILDING CAPITAL ASSETS CAPITAL FUNDING CAPITAL INVESTMENT CAREER CAREER ADVANCEMENT CAREER DEVELOPMENT CAREER OPPORTUNITIES CAREERS CHEMICAL ENGINEERING COMMUNICATION TECHNOLOGIES COMMUNICATION TECHNOLOGY COMPUTER TECHNOLOGY CONSULTING SERVICES CONSUMER GOODS CONTACT INFORMATION COUNTRY OF ORIGIN CROSS-FERTILIZATION DIASPORA DIASPORA NETWORKS DIGITAL COMMUNICATION DIGITAL COMMUNICATIONS ECONOMIC DEVELOPMENT ECONOMIC SECTORS EMPLOYMENT ENGINEERS ENTERPRISE SURVEY ENTREPRENEURIAL CULTURE EQUIPMENT EXPENDITURES EXPERT OPINIONS EXPORT PROMOTION FACULTIES FACULTY MEMBERS FEDERAL UNIVERSITIES FINANCIAL RESOURCES FINANCIAL SUPPORT FOREIGN INVESTMENT FUNDAMENTAL RESEARCH GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT FUNDING HIGHER EDUCATION HIGHER EDUCATION INSTITUTIONS HUMAN CAPITAL ICT INDUSTRIAL BASE INDUSTRIAL ENTERPRISES INFORMATION ASYMMETRIES INFORMATION SOCIETY INFORMATION TECHNOLOGY INNOVATION INNOVATION POLICIES INNOVATION POLICY INNOVATIONS INSTALLATIONS INSTITUTION INTANGIBLE ASSET INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERFACE INTERNATIONAL COMPARISON INVENTION INVENTIONS INVESTMENTS IN R&D IP JOINT VENTURES KNOWLEDGE ECONOMY LEARNING LEGAL FRAMEWORK LICENSE LICENSE AGREEMENTS LICENSES LICENSING LITERATURE MACHINERY MANUFACTURING MARKET POTENTIAL MARKETING MATERIAL MEDICINE MINISTRY OF EDUCATION NATURAL RESOURCES NATURAL SCIENCES NETWORKS NEW TECHNOLOGIES NEW TECHNOLOGY OPEN ACCESS ORGANIZATIONAL CAPABILITY PAPERS PAYMENT SYSTEM PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRODUCT CATEGORIES PRODUCTIVITY PROOF OF CONCEPT PROTOTYPES R&D EXPENDITURES R&D PERSONNEL RADIO RESEARCH CAPACITY RESEARCH CENTERS RESEARCH COLLABORATION RESEARCH COMMERCIALIZATION RESEARCH INSTITUTE RESEARCH INSTITUTES RESEARCH INSTITUTIONS RESEARCH LABORATORIES RESEARCH ORGANIZATIONS RESEARCH POLICY RESEARCH PRODUCTIVITY RESEARCH RESULTS RESEARCH UNIVERSITIES RESEARCH WORKING PAPERS RESEARCHERS RESULT RESULTS ROLE OF INSTITUTIONS SCIENCE DEGREES SCIENTIFIC COMMUNITY SCIENTIFIC EXPERIMENTS SCIENTIFIC PAPERS SCIENTIFIC PUBLICATIONS SCIENTIFIC RESEARCH SCIENTIST SCIENTISTS SEED CAPITAL SEMICONDUCTORS SKILLED LABOR SKILLED PEOPLE SOFTWARE EXPORTS SUPPORT STAFF SURVEY DATA TEACHING TECHNICAL UNIVERSITY TECHNICIANS TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL POTENTIAL TECHNOLOGY COMMERCIALIZATION TECHNOLOGY DEVELOPMENT TECHNOLOGY LAW TECHNOLOGY PUSH TECHNOLOGY TRANSFER TECHNOLOGY TRANSFER OFFICES TELECOMMUNICATIONS UNDERDEVELOPMENT UNIVERSITIES UNIVERSITY ADMINISTRATORS UNIVERSITY DEGREES UNIVERSITY FACULTY UNIVERSITY RESEARCH UNIVERSITY SCIENCE USERS USES VENTURE CAPITAL This paper explores fundamental issues affecting technology commercialization of publicly funded research and development (R&D) in the Russian Federation. Despite substantial R&D investments, Russia has experienced a decline in scientific output and employment. Nevertheless, the innovation system remains strong in several technological fields. This paper develops an analytical framework to discuss conditions for technology commercialization, which hinge on the innovation system research base, governance of research institutions, alignment between specialization and sector prioritization, availability and performance of scientists and engineers, intellectual property (IP) regime for publicly funded discoveries, and early stage finance. The paper identifies areas for policy and regulatory improvement to incentivize research institutes and scientists to undertake research with market potential. These include: stronger results-based management that rewards commercialization efforts and focuses not only on high-technology sectors, but also on sectors where Russia has technological comparative advantages. In addition, researchers' career development could consider performance metrics that include entrepreneurial achievements, as well as support for young scientists and for international collaboration. Moreover, the IP regime for federally funded R&D may consider transferring full ownership of research discoveries to research organizations. Finally, to increase deal-flow of new ventures, enhancing the supply of early-stage financing for new technologies may be considered. 2014-09-02T19:15:02Z 2014-09-02T19:15:02Z 2012-11 http://documents.worldbank.org/curated/en/2012/11/16952751/commercialization-publicly-funded-research-development-rd-russia-scaling-up-emergence-spinoff-companies http://hdl.handle.net/10986/19932 English en_US Policy Research Working Paper;No. 6263 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Russian Federation |