-
-
This page is Public
-
Public
-
-
This page is Public
Russian Federation

The Russian economy has been in recession since 2015, due to falling oil prices, international sanctions and capital flight, which together have reduced investment, domestic consumption and imports. Growth is projected to turn positive in 2017, as exports strengthen and domestic demand recovers.
The Russian government aims to revitalise the country’s long-standing strengths in science and technology in an effort to diversify the economy and reduce its reliance on natural resources. In 2015, amidst the economic downturn, the Innovation Development Strategy of the Russian Federation to 2020, adopted in 2011, was revised to address the economy’s weaknesses by strengthening science, technology and innovation. A new strategic document, "Long-term Strategy for Scientific and Technological Development of the Russian Federation", is expected in late 2016 and will orient the national research and innovation agenda for the coming years.
Hot Issues
Improving transfers, returns and impact of science
STIO Questionnaire Responses
Encouraging business innovation and innovative entrepreneurship
Improving overall human resources and skills
STIO Questionnaire Responses
Improving the attractiveness of scientific and research careers
STIO Questionnaire Responses
Selected Highlights
New sources of growth
STIO Questionnaire Responses
New challenges
STIO Questionnaire Responses
STI policy governance
STIO Questionnaire Responses
Universities and public research
STIO Questionnaire Responses
ICT and Internet infrastructures
STIO Questionnaire Responses
Clusters and regional policies
STIO Questionnaire Responses
Globalisation
STIO Questionnaire Responses
Relevant Indicators

- Gross domestic expenditure on R&D
- Business enterprise expenditure on R&D
- Higher education expenditure on R&D
- Government intramural expenditure on R&D
- Public sector expenditure on R&D, financed by industry
- Government budget outlays for R&D
- ICT investments
- Tertiary education expenditure
- Employment in S&T occupations
- Internet users
Related Country Reports

- Russian Federation (Financing SMEs and Entrepreneurs 2016: An OECD Scoreboard), 2016
- Economic performance and framework conditions for innovation (OECD Reviews of Innovation Policy: Russian Federation 2011), 2011
- Russian Federation (SMEs, Entrepreneurship and Innovation), 2010
- The role of government (OECD Reviews of Innovation Policy: Russian Federation 2011), 2011
- Innovation actors (OECD Reviews of Innovation Policy: Russian Federation 2011), 2011
Related STI Outlook Resources

Prior STIO Country Profiles
External Links
