Programme

BRIDGING RESEARCH TO PRODUCTS ON THE SHELF: IDENTIFYING THE FINANCE TO MAKE IT HAPPEN

New Catalysts for Change
Panel
Pavilion 8, Conference Hall 8.3

Governments have found it difficult to maintain budgets for basic scientific research over the past half-decade of financial turmoil. What is at stake for business competitiveness if basic research funding further declines? What is the role of government in tandem with the private sector in pursuing research?

Moderator:
Sergey Nedoroslev , Chairman of the Board, Kaskol Group

Panellists
Sergey Beloussov , Chief Executive Officer, Acronis
Denis Manturov , Minister of Industry and Trade of the Russian Federation
Satish Reddy , Vice Chairman and Managing Director, Dr Reddy's Laboratories Limited
Alexey Repik , President, Delovaya Rossiya (Business Russia)
René Svendsen-Tune , Head of Customer Operations, Europe and Latin America, Executive Board Member, Nokia Siemens Networks
Andrei Fursenko , Aide to the President of the Russian Federation

Broadcast

Key moments

The customer for fundamental research is almost always society, usually represented by the state, or sometimes public institutions. On this basis, there’s a chance to develop applied ideas that develop business.
Alexey Repik
I think the huge investments currently being made in telecommunications and infrastructure for the next generations – in space and on earth – are already leading to the next surge in the economy and will possibly result in greater investment in basic science.
Sergei Nedoroslev
We (Russia) invest 0.9% of our budget into R&D, whereas this figure in Japan is 0.7%. The USA is about on our level, and Germany is also at 0.9%. This means that the state invests money in science at the same level as the most developed countries do. The problem is that business does not invest in it.
Andrey Fursenko