MOSCOW, Dec 25 (PRIME-TASS) -- Russian President Dmitry Medvedev outlined a plan on Friday to promote innovation and research and development, ITAR-TASS reported.
"We can't wait until the market puts everything in place only by means of competition and other market tools," he said at a meeting of the government commission for modernization and technological development. "We should create a situation when it will become unprofitable to work in the old way and use inefficient technology and obsolete equipment."
Medvedev said that spending on innovation in Russia was extremely low.
Original Article: All News - News - News Agency PRIME-TASS