Scientific progress does not always correlate with technical progress.
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At the end of 2021, Russia ranks 38th in the ranking of countries in terms of total investment in high-tech companies ($ 0.8 billion, only organizations registered in the Russian Federation are taken into account in calculations). The top five are the US ($353.8 billion), China ($91.3), the UK ($54.9), India ($41.7) and Australia ($25.5): companies from these countries together account for 72.9% investment. These data are provided by experts from the Russian Cluster Observatory of the Institute for Statistical Research and Economics of Knowledge (ISSEK) of the Higher School of Economics. The place of the Russian Federation in the list is significantly lower than its positions among other countries in terms of research costs (9th place): “even the money available in the country is still invested in high-tech companies to a small extent,” experts point out.
Investments are calculated based on the Crunchbase database for 133 countries, which is 98.4% of all transactions in the high-tech market. Experts for the first time compared investment activity in high-tech with the contribution of countries to the global pool of outstanding representatives of science, technology and creative industries. The indicators of investment volumes and the number of “unicorn” companies are most connected, as well as with the number of highly cited scientists in the country (correlation coefficient – 0.98). With the number of Nobel and Fields Prize winners and leaders in the creative industries, the correlation is 0.95, with the largest technology companies – 0.87. “Knowledge economy leaders” gravitate towards countries with extensive financial opportunities, researchers point out: the top 5 countries in terms of investment in high-tech account for 60.4% of companies with the highest R&D spending, 78.9% of “unicorns”, 65. 9% of highly cited scientists, 64.8% of award winners and 46% of creative industry leaders.
At the same time, in some countries (including Russia), the number of “leaders of the knowledge economy” is higher than their corresponding average global investment volume. The Russian Federation ranks 7th in the world in terms of the number of living Nobel and Fields Prize winners, 18th in terms of the number of leaders in the creative industries, and 35th in terms of highly cited scientists. Perhaps, experts suggest, Russia simply does not have enough large private technology corporations – they usually know how to work with technical and creative talents.
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