Abstract
The effectiveness of the country's innovative development is a derived from increasing the competitiveness of science, increasing its efficiency. In this regard, research in the field of evaluating the effectiveness of funding for research and development is of particular interest. The article defines the characteristic features of the effectiveness of Research and Development (R&D), identifies the problems of effectiveness evaluating of R&D, analyzes the financing of R&D in the Republic of Belarus, and assesses the effectiveness of research costs.
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