Dialogue between Business and Development Institutions: Dedication, Trust, and Effectiveness
Development institutions are government bodies which accumulate financial resources and use them to develop promising sectors of the economy, introduce innovation, and realize important social and infrastructure projects. With their help, many countries have succeeded in modernizing their economies and stimulating growth. However, surveys and studies reveal a lack of awareness and a paucity of trust among Russian businesses with respect to engaging with the support measures that development institutions offer. How successfully are Russian development institutions functioning at the present time? Have they succeeded in creating an effective operating model whereby development institutions complement each other’s work across the country? Could creating an open communications platform for collaboration between development institutions and business increase the effectiveness of support programmes? What role should major institutions play in creating a communications environment of this kind?