Russian venture funds have sharply intensified
7 billion in three months
Olga Uskova, "Russian Business Newspaper" – Innovations No. 46-2012
NAIRIT presented another report on the state of the domestic innovation market. One of the trends of the second half of the year was a sharp increase in activity on the part of domestic venture funds. In August and September, there was a 78 percent increase in the number of transactions. At the same time, the total number of transactions since the beginning of the year has exceeded 80, and the amount of investments in the third quarter alone exceeded the mark of 7 billion rubles.
The current picture of the Russian market is radically different from the situation in the American venture industry, where there is a significant decline in key indicators due to the consequences of the global crisis. In the third quarter of this year alone, investments in American startups decreased by 12% compared to the same period in 2011. In the third quarter of 2012, $6.49 billion was invested in American startups. 890 transactions were made against 992 for the same period in 2011. Over the past 9 months of 2012, the regression amounted to more than 50%. The total volume of investments in 2012 was less than $ 20 billion.
In the Russian Federation, the information and telecommunication technologies sector has traditionally collected the most investments (25.2%). Energy and energy conservation (14.1%), biotechnology and medicine (12.3%), as well as transport and engine building (11.8%) are by some margin.
Among the positive trends of the year are a 1.5-fold reduction in the average terms of commercialization of projects, an increase in the number of patents received and applications filed for them by 33%, as well as an increase in the total number of startups by 47%.
At the same time, the efficiency of investments in domestic innovations remains at an extremely low level. According to various estimates, only 22% to 28% of the funds spent on innovation in Russia reach the end consumer. Development institutions, in the absence of any system for evaluating their activities (KPIs), have not reached the expected level of work, preferring to invest in foreign companies, as well as partly supporting frankly dubious developments. In this regard, NAIRIT announced the beginning of the development of the KPI system, which will be submitted to the Government of the Russian Federation in the first half of 2013. The implementation of such a mechanism will radically change the approach of institutions responsible for supporting innovation to their direct activities and increase the measure of responsibility for the final result.
Unlike the existing innovation support institutions in Russia, there is a project in the success of which you can believe. We are talking about the creation of the Russian Agency for Advanced Defense Research Projects. The Agency, like its counterparts in many leading countries, such as the United States, Great Britain, Canada, and Australia, will be called upon to ensure the technological leadership of the Russian Armed Forces. The main feature of the work of such structures is the involvement of "civilian" scientific and technical specialists and technology companies working in the civilian sector to work on defense topics. As world experience shows, the results of such cooperation are technologies that ensure the effective development of the real sector of the economy.
Portal "Eternal youth" http://vechnayamolodost.ru04.12.2012