Russian Boost to Innovation and Open Innovation

October 31, 2013 By IdeaConnection

800px-Moscow_Kremlin_from_Kamenny_bridgeToday sees the start of an important two-day open innovation event in Moscow. The Open Innovations Forum is attracting inventors and visionaries from all over the world who are sharing their concepts and successful case histories.

The goal of the forum is to turn technology trends into economic ones, both nationally and internationally.

Investment Boost

Russia is ramping up its investment in innovation. The budget for 2013 is 2.18 billion rubles ($68.5 million), approximately 40 percent more than 2012.

With its straddling of Europe and Asia and its forward-thinking approach to open innovation, Russia believes it offers the innovation arena something special.

“Our advantage is that we do not compete with Silicon Valley or technology parks in Asia, said the forum’s chief executive Olga Moiseyeva. “All we do is provide a middle ground, neutral for many countries, for discussion of various questions. We are able to bring American leaders, European leaders and businessmen from Asia.”

Full Support for Innovation

Russia’s Deputy Prime Minister Arkady Dvorkovich said he views the forum as a place of international common ground and emphasised that Russia is willing to do all it can to ensure that those with money and those with ideas can work together.

The first forum was held in the autumn of 2012 and attracted 5,000 visitors from more than 38 countries.

Key Areas

Among the key topics and areas under discussion will be cooperation in the nuclear sphere and in space, global innovation trends and opportunities for new ideas, start-ups and cultural exchanges.

There’s more information about the forum at this Moscow Times article.

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