State financial incentives for research and development activities as a mechanism for achieving technological sovereignty
Year: 2025
Type: article
Abstract: In the modern world, one of the key goals of developed countries is to achieve technological sovereignty, which is possible with effective state financial incentives for R&D. The purpose of the study is to assess the instruments of R&D state financial stimulation in the context of achieving technological sovereignty of a country, as well as to develop recommendations for their improvement. The assessment of global trends in the financial support of R&D, the dynamics of global expenditures on R&D, the ranking of countries in terms of R&D financing, and the main foreign and domestic financial instruments of state stimulation (grants, subsidies, venture financing, government guarantees, preferential lending, tax incentives, public procurement of R&D) have been analyzed. Recommendations have been offered (including on the basis of implementing the best foreign practices) on additional measures that can ensure achieving technological sovereignty through R&D financial support. The importance of R&D state financial stimulation in order to ensure technological sovereignty has been emphasized.
Source: UPRAVLENIE / MANAGEMENT (Russia)
Authors: Yu. G. Tyurina, E. A. Burakova
Institution: Financial University
Language: English
Topic: Innovation Policy and R&D
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4411412486