Central regions | Technology & innovation | Finance, business

Research: only 3.2% of Russia’s innovation output considered novel in global market

27 Jan '17
Only 3.2% of the entire output of Russian innovative products were considered novel in the global market in 2015. Most products the Russians call “innovative” (53.5%) are new to the core product lines of the manufacturers themselves but are already known in international markets. Such are the key findings from the most recent research conducted by experts at Russia’s Higher School of Economics, as quoted by scientific portal S&T RF.

The overwhelming majority of export items are products that have been made using known technology without tangible improvements, the experts found, adding that this is a sign of the Russian innovative companies’ low competitiveness in the external markets.

Out of Russia’s overall exports, innovative products accounted for just 8.9% in 2015. The average share of exports from high-tech sectors was 4.2%.

Innovative items were mostly exported to countries beyond the former Soviet Union (78.2%) and the rest was purchased by Russia’s Commonwealth of Independent States (CIS) neighbors.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Latest News: Central regions
27 May '17 | Telecoms, media
23 May '17 | Energy, utilities | Technology & innovation
22 May '17 | Materials, extraction | Technology & innovation
 

Feature stories

17 May '17
Russian biologists and biophysicists are said to have...
21 Apr '17
6 Mar '17
Developing a photonic computer, a technology that...
Search (News archive - 21087)
Advertising
RB_Partners_Venture_Report2016
Advertising
Why Russians do not smile
Advertising
Nano & Giga Symposium
Advertising
UNN

Latest News

27 May '17
Russia rose in a global ranking that assesses...
25 May '17
Russian scientists in partnership with their Korean...
24 May '17
Browser developers in Russia will soon be obligated...

Most read stories from last week

27 May '17
Russia rose in a global ranking that assesses...