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A systematic analysis of the information contained in reports presented at this seminar specifies steps that seem necessary for the development of innovation activity in the nuclear cities:

  • 1. Innovation activity should be supported at the federal level, including passage of a federal law and accompanying regulations governing innovation processes. A mechanism for the implementation of state innovation policy should also be created.
  • 2. A focused policy is needed for maintaining and stimulating the development of innovative technologies and products developed at the city-forming enterprises. These projects should be developed separately but with the active participation of the base enterprises, which provide the premises, equipment, and specialists. Minatom should provide targeted support and incentives.
  • 3. The innovation infrastructure, including technology incubators, technoparks, and innovation zones, requires targeted support and development. Such structures should be provided with special tax incentives.
  • 4. Targeted investment funds should be created with support from the federal budget (Minatom) for the development of small conversion-oriented and innovative activities. Procedures for obtaining support from these funds should be simplified. Financing should be of a strictly focused nature with investment results to be closely monitored.
  • 5. Innovation-oriented venture capital funds should be established. They would participate as investors in projects involving increased risks and long recoupment periods.
  • 6. Simplified procedures should be instituted for transferring state property into other forms of ownership, including opportunities for price reductions during the sale or leasing of property if it is connected with innovation-oriented activities. A mechanism should be developed for transferring equipment and production facilities on favorable terms if they are to be used in promising conversion-related activities.
  • 7. An enterprise restructuring program should be developed, with separate activities to be spun off into separate independent enterprises.

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