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The Issues Of Selecting Priorities For Scientific-Technological Development In Circumstances Of Limited Financial Resources

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  • N. G. Kurakova
  • A. N. Petrov

Abstract

The article offers a calculation which demonstrates that the Russian share for research and development (R&D) in actual 2016 prices will equal not more than 0,8% from the global budget. With such indicators, Russia will descend from the 9th position, which she took in 2014, to 18th in the world ranking. With that, the number of staff working in the Russian R&D sector equals 10% from the global number of participants in R&D. Using international comparisons there has been given a quantifiable evaluation of US scientific-technological priorities. It is demonstrated, for instance, that every manager responsible for the state reserves expenditure on R&D in USA has an annual budget estimated in several billions of dollars which allows them to identify 3–4 priority projects with a budgets of 100–500 million dollars per year.A suggestion is made that the incomparability of Russia’s internal expenses on development of the citizen’s sciences sector with those of other economically developed countries allows the identification of not more than 2–3 research areas for the country’s scientific-technological development priorities.

Suggested Citation

  • N. G. Kurakova & A. N. Petrov, 2016. "The Issues Of Selecting Priorities For Scientific-Technological Development In Circumstances Of Limited Financial Resources," Economics of Science, Delo Publishing house, vol. 1(4).
  • Handle: RePEc:abz:journl:y:2016:id:33
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