Publication:
Commercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companies

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dc.contributor.authorGutierrez, Juan Julio
dc.contributor.authorCorrea, Paulo
dc.date.accessioned2014-09-02T19:15:02Z
dc.date.available2014-09-02T19:15:02Z
dc.date.issued2012-11
dc.description.abstractThis 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/11/16952751/commercialization-publicly-funded-research-development-rd-russia-scaling-up-emergence-spinoff-companies
dc.identifier.doi10.1596/1813-9450-6263
dc.identifier.urihttps://hdl.handle.net/10986/19932
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6263
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACADEMIC DEPARTMENTS
dc.subjectACADEMIC INSTITUTIONS
dc.subjectAGRICULTURAL RESEARCH
dc.subjectAPPLIED RESEARCH
dc.subjectBALANCE SHEET
dc.subjectBASIC RESEARCH
dc.subjectBIOTECHNOLOGY
dc.subjectBRAIN DRAIN
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENTITIES
dc.subjectBUSINESS PLAN
dc.subjectBUSINESS PLANS
dc.subjectBUSINESS SCHOOL
dc.subjectBUSINESS SECTOR
dc.subjectBUSINESSES
dc.subjectCAPABILITIES
dc.subjectCAPACITY-BUILDING
dc.subjectCAPITAL ASSETS
dc.subjectCAPITAL FUNDING
dc.subjectCAPITAL INVESTMENT
dc.subjectCAREER
dc.subjectCAREER ADVANCEMENT
dc.subjectCAREER DEVELOPMENT
dc.subjectCAREER OPPORTUNITIES
dc.subjectCAREERS
dc.subjectCHEMICAL ENGINEERING
dc.subjectCOMMUNICATION TECHNOLOGIES
dc.subjectCOMMUNICATION TECHNOLOGY
dc.subjectCOMPUTER TECHNOLOGY
dc.subjectCONSULTING SERVICES
dc.subjectCONSUMER GOODS
dc.subjectCONTACT INFORMATION
dc.subjectCOUNTRY OF ORIGIN
dc.subjectCROSS-FERTILIZATION
dc.subjectDIASPORA
dc.subjectDIASPORA NETWORKS
dc.subjectDIGITAL COMMUNICATION
dc.subjectDIGITAL COMMUNICATIONS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC SECTORS
dc.subjectEMPLOYMENT
dc.subjectENGINEERS
dc.subjectENTERPRISE SURVEY
dc.subjectENTREPRENEURIAL CULTURE
dc.subjectEQUIPMENT
dc.subjectEXPENDITURES
dc.subjectEXPERT OPINIONS
dc.subjectEXPORT PROMOTION
dc.subjectFACULTIES
dc.subjectFACULTY MEMBERS
dc.subjectFEDERAL UNIVERSITIES
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFOREIGN INVESTMENT
dc.subjectFUNDAMENTAL RESEARCH
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNMENT FUNDING
dc.subjectHIGHER EDUCATION
dc.subjectHIGHER EDUCATION INSTITUTIONS
dc.subjectHUMAN CAPITAL
dc.subjectICT
dc.subjectINDUSTRIAL BASE
dc.subjectINDUSTRIAL ENTERPRISES
dc.subjectINFORMATION ASYMMETRIES
dc.subjectINFORMATION SOCIETY
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINNOVATION
dc.subjectINNOVATION POLICIES
dc.subjectINNOVATION POLICY
dc.subjectINNOVATIONS
dc.subjectINSTALLATIONS
dc.subjectINSTITUTION
dc.subjectINTANGIBLE ASSET
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectINTERFACE
dc.subjectINTERNATIONAL COMPARISON
dc.subjectINVENTION
dc.subjectINVENTIONS
dc.subjectINVESTMENTS IN R&D
dc.subjectIP
dc.subjectJOINT VENTURES
dc.subjectKNOWLEDGE ECONOMY
dc.subjectLEARNING
dc.subjectLEGAL FRAMEWORK
dc.subjectLICENSE
dc.subjectLICENSE AGREEMENTS
dc.subjectLICENSES
dc.subjectLICENSING
dc.subjectLITERATURE
dc.subjectMACHINERY
dc.subjectMANUFACTURING
dc.subjectMARKET POTENTIAL
dc.subjectMARKETING
dc.subjectMATERIAL
dc.subjectMEDICINE
dc.subjectMINISTRY OF EDUCATION
dc.subjectNATURAL RESOURCES
dc.subjectNATURAL SCIENCES
dc.subjectNETWORKS
dc.subjectNEW TECHNOLOGIES
dc.subjectNEW TECHNOLOGY
dc.subjectOPEN ACCESS
dc.subjectORGANIZATIONAL CAPABILITY
dc.subjectPAPERS
dc.subjectPAYMENT SYSTEM
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPRODUCT CATEGORIES
dc.subjectPRODUCTIVITY
dc.subjectPROOF OF CONCEPT
dc.subjectPROTOTYPES
dc.subjectR&D EXPENDITURES
dc.subjectR&D PERSONNEL
dc.subjectRADIO
dc.subjectRESEARCH CAPACITY
dc.subjectRESEARCH CENTERS
dc.subjectRESEARCH COLLABORATION
dc.subjectRESEARCH COMMERCIALIZATION
dc.subjectRESEARCH INSTITUTE
dc.subjectRESEARCH INSTITUTES
dc.subjectRESEARCH INSTITUTIONS
dc.subjectRESEARCH LABORATORIES
dc.subjectRESEARCH ORGANIZATIONS
dc.subjectRESEARCH POLICY
dc.subjectRESEARCH PRODUCTIVITY
dc.subjectRESEARCH RESULTS
dc.subjectRESEARCH UNIVERSITIES
dc.subjectRESEARCH WORKING PAPERS
dc.subjectRESEARCHERS
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectROLE OF INSTITUTIONS
dc.subjectSCIENCE DEGREES
dc.subjectSCIENTIFIC COMMUNITY
dc.subjectSCIENTIFIC EXPERIMENTS
dc.subjectSCIENTIFIC PAPERS
dc.subjectSCIENTIFIC PUBLICATIONS
dc.subjectSCIENTIFIC RESEARCH
dc.subjectSCIENTIST
dc.subjectSCIENTISTS
dc.subjectSEED CAPITAL
dc.subjectSEMICONDUCTORS
dc.subjectSKILLED LABOR
dc.subjectSKILLED PEOPLE
dc.subjectSOFTWARE EXPORTS
dc.subjectSUPPORT STAFF
dc.subjectSURVEY DATA
dc.subjectTEACHING
dc.subjectTECHNICAL UNIVERSITY
dc.subjectTECHNICIANS
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTECHNOLOGICAL DEVELOPMENT
dc.subjectTECHNOLOGICAL INNOVATION
dc.subjectTECHNOLOGICAL POTENTIAL
dc.subjectTECHNOLOGY COMMERCIALIZATION
dc.subjectTECHNOLOGY DEVELOPMENT
dc.subjectTECHNOLOGY LAW
dc.subjectTECHNOLOGY PUSH
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTECHNOLOGY TRANSFER OFFICES
dc.subjectTELECOMMUNICATIONS
dc.subjectUNDERDEVELOPMENT
dc.subjectUNIVERSITIES
dc.subjectUNIVERSITY ADMINISTRATORS
dc.subjectUNIVERSITY DEGREES
dc.subjectUNIVERSITY FACULTY
dc.subjectUNIVERSITY RESEARCH
dc.subjectUNIVERSITY SCIENCE
dc.subjectUSERS
dc.subjectUSES
dc.subjectVENTURE CAPITAL
dc.titleCommercialization of Publicly Funded Research and Development in Russia : Scaling up the Emergence of Spinoff Companiesen
dspace.entity.typePublication
okr.crossref.titleCommercialization of Publicly Funded Research and Development (R&D) in Russia: Scaling up the Emergence of Spinoff Companies
okr.date.disclosure2012-11-01
okr.date.doiregistration2025-04-10T12:14:37.339711Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/11/16952751/commercialization-publicly-funded-research-development-rd-russia-scaling-up-emergence-spinoff-companies
okr.globalpracticeEducation
okr.globalpracticeTransport and ICT
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid872931468092959742
okr.identifier.doi10.1596/1813-9450-6263
okr.identifier.externaldocumentum000158349_20121113131645
okr.identifier.internaldocumentum16952751
okr.identifier.reportWPS6263
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/11/13/000158349_20121113131645/Rendered/PDF/wps6263.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.topicInformation and Communication Technologies::ICT Policy and Strategies
okr.topicPrivate Sector Development::E-Business
okr.topicScience Education
okr.topicTertiary Education
okr.topicScientific Research and Science Parks
okr.topicEducation
okr.topicScience and Technology Development
okr.unitFinancial and Private Sector Development Department, Europe and Central Asia Region
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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