A report released Thursday by the State Analytical Center conclude that innovative activities in the country are cash-strapped and mainly rely on private funds provided by organizations, rather than funds from federal or regional government budgets, the Moscow Times reports. So far, only 6 percent of innovative activities are funded directly from regional budgets and just 5 percent from the federal budget, the report said. The report, based on a poll of more than 400 government experts from 77 regions, found that most were overwhelmingly pessimistic about the state’s program to establish an innovation-based economy, the newspaper writes.
