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36,9% (figure of the day)

is the share of total investment in technological innovation that Russian companies devote to research and development. The amount is nearly 411 billion roubles. New data received by the Russian Federal State Statistics Service were analysed by HSE ISSEK Centre for Statistics and Monitoring of S&T and Innovation.

Expenditures on research and development rank second in overall innovation investment. More money is spent only on purchasing machinery and equipment — 493.5 billion roubles, or 44.4%.

Recent statistics show that the cost of technological innovation in Russian companies in comparable prices increased by 16% year-over-year and exceeded one trillion roubles for 2013.

These data are presented in a new HSE Data Book ‘Indicators of Innovation: 2015’, which will be published early next year.

Source: HSE website