Financing Instruments and Outcomes for R&D Public Funding

The key actual task of improving the tools of scientific and technological policy is the focus of R&D on obtaining socially significant results, including the creation of in-demand innovative products and technologies. Its solution requires appropriate improvement of the system of financial supp...

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Main Authors: Olga K. Yastrebova, Oleg I. Karasev
Format: Article
Language:English
Published: Financial Research Institute 2023-08-01
Series:Финансовый журнал
Subjects:
Online Access:https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2023/4/staii/02_4_2023_v15.pdf
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author Olga K. Yastrebova
Oleg I. Karasev
author_facet Olga K. Yastrebova
Oleg I. Karasev
author_sort Olga K. Yastrebova
collection DOAJ
description The key actual task of improving the tools of scientific and technological policy is the focus of R&D on obtaining socially significant results, including the creation of in-demand innovative products and technologies. Its solution requires appropriate improvement of the system of financial support for science. The authors of the article consider the existence of a clearly structured relationship between the national goals set for the scientific field as a whole and specific tools for their achievement as a necessary condition for effective management of this sphere. The paper analyzes the key instruments of R&D financing from the point of view of approaches to ensuring their effectiveness. The necessity of linking the volume of funding with the achieved results is shown, and specific proposals to solving this problem are made, including those based on the assessment of the technology readiness level (TRL).
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spelling doaj.art-44f091e569c340f6bebd0ea2d533e69e2023-09-05T12:34:33ZengFinancial Research InstituteФинансовый журнал2075-19902658-53322023-08-01154274210.31107/2075-1990-2023-4-27-42Financing Instruments and Outcomes for R&D Public FundingOlga K. Yastrebova0https://orcid.org/0000-0002-8894-8298 Oleg I. Karasev1https://orcid.org/0000-0002-1644-1455СEO LLC EKKONIS, Moscow, Russian FederationDirectorate of State Scientific and Technical Programs, Moscow, Russian FederationThe key actual task of improving the tools of scientific and technological policy is the focus of R&D on obtaining socially significant results, including the creation of in-demand innovative products and technologies. Its solution requires appropriate improvement of the system of financial support for science. The authors of the article consider the existence of a clearly structured relationship between the national goals set for the scientific field as a whole and specific tools for their achievement as a necessary condition for effective management of this sphere. The paper analyzes the key instruments of R&D financing from the point of view of approaches to ensuring their effectiveness. The necessity of linking the volume of funding with the achieved results is shown, and specific proposals to solving this problem are made, including those based on the assessment of the technology readiness level (TRL).https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2023/4/staii/02_4_2023_v15.pdfs&t policyr&d financing instrumentsperformance indicatorstechnology readiness levelstate program
spellingShingle Olga K. Yastrebova
Oleg I. Karasev
Financing Instruments and Outcomes for R&D Public Funding
Финансовый журнал
s&t policy
r&d financing instruments
performance indicators
technology readiness level
state program
title Financing Instruments and Outcomes for R&D Public Funding
title_full Financing Instruments and Outcomes for R&D Public Funding
title_fullStr Financing Instruments and Outcomes for R&D Public Funding
title_full_unstemmed Financing Instruments and Outcomes for R&D Public Funding
title_short Financing Instruments and Outcomes for R&D Public Funding
title_sort financing instruments and outcomes for r d public funding
topic s&t policy
r&d financing instruments
performance indicators
technology readiness level
state program
url https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2023/4/staii/02_4_2023_v15.pdf
work_keys_str_mv AT olgakyastrebova financinginstrumentsandoutcomesforrdpublicfunding
AT olegikarasev financinginstrumentsandoutcomesforrdpublicfunding