Template-Type: ReDIF-Paper 1.0 Author-Name: Dezhina Irina Author-Name-First: Irina Author-Name-Last: Dezhina Author-Workplace-Name: Gaidar Institute for Economic Policy Title: Science and innovations in Russia in 2020 Abstract: Over the past year, the pandemic and the resulting crisis whipped up the decision-making process in science and technology policies. A number of top-level programs were revised, alongside some adjustment of budget allocations for R&D projects. Operational decisions were adopted across a number of areas, where discussions and coordinated planning had been underway for several years already (e.g., the transformation of scientific research funds, improvement of coordination and promotion of continuity between the development institutions operating in the science and technology sector, alterations in the current procedures for estimating the cost-effectiveness of budget-funded venture capital investment, etc.), in order to significantly change the situation in that sphere. Besides, some important normative legal changes were introduced, which addressed the science sector and promoted the creation of a favorable environment for developing and implementing technological innovations. Classification-JEL: O31, O32, O3, I28, I2 Keywords: Russian economy, R&D, science, technology Creation-Date: 2021 Revision-Date: 2021 Length: 35 pages File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2021-1128.pdf File-Format: application/pdf File-Function: Revised Version, 2021 Handle: RePEc:gai:ppaper:ppaper-2021-1128