Abstract
In the recent years, the contribution of Russian universities into science and technology has increased. The RF Government has been intensively developing and implementing instruments to support fundamental and applied sciences and to ensure implementation of their achievements into real economy and social sphere. Several Russian universities accomplish world-class studies and research, in particular, classic universities like Moscow State University, St. Petersburg State University, Ural Federal University, Tomsk State University, Moscow Institute of Physics and Technology (MIPT), Moscow Engineering Physics Institute (MEPhI), St. Petersburg Polytechnic University. Academic science has much to offer the real sector as the universities are much closer to and has got the tighter relations with the entrepreneurial sector than the state-financed (80-90% funding) research institutes. However, average universities fall short compared to those mentioned above, partially due to the lack of extrabudgetary financing by business organizations which makes a little bit over 30%, while in the developed countries this figure sometimes exceeds 70%.
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