• High economic growth is impossible without innovation - Dvorkovich

Market news

20 September 2016

High economic growth is impossible without innovation - Dvorkovich

High rates of economic growth are not possible without innovation. This opinion was expressed at the roundtable on the IASP forum by the Vice Prime Minister of The Russian Federation, Arkady Dvorkovich.

"The economy that does not invest in innovation can not be sustained", - he said.

According to the vice-premier, innovative industrial development does not lead to job losses - on the contrary, Russian innovations contribute to the creation of new jobs.

Talking about what is more important - tax measures or innovation environment for the innovation process, Dvorkovich said that the environment plays a fundamental role, and then preferential tax system.

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