State Support for Commercialization of Intellectual Activity Results in Socially Significant Industries

State Support for Commercialization of Intellectual Activity Results in Socially Significant Industries

Authors

  • Natalia P. Kononkova
  • Natalia V. Polavskaya

Keywords:

Commercialization of intellectual property results, state support for commercialization in socially significant industries, barriers and drivers of commercialization in the pharmaceutical industry, intellectual property management, open models of commercialization.

Abstract

The pharmaceutical industry is one of the leaders in terms of the intensity of commercialization of the intellectual activity results (IAR). Its development as a socially significant industry is a priority in the state policy of countries with developing economies, in particular, the countries of the Latin American region (LA). A number of economic conditions for the development of commercialization of the IAR in these countries are similar to the Russian economy. Common barriers to development include dependence on imported substances, inefficient interaction between science and business, lack of public and private investment in R&D, and insufficient development of the intellectual property (IP) institution. At the same time, it is possible to identify common growth drivers: the growth potential of the consumer market, unique natural resources, relatively high scientific potential, and the concentration of R&D in research institutes and universities. The similarity of the conditions helps to suggest that it is possible to adapt the best practices of IAR commercialization formed in the LA, to the Russian economy. The research method used in this article include analyzing published legislative and statistical materials on financial institutions of the LA countries in order to identify problems and experience in overcoming them in the field of commercialization of intellectual property. The analysis of state support for imitation, closed and open models of commercialization of IAR used by pharmaceutical companies in developing economies made it possible to identify successful support mechanisms, as well as positive and negative results of the application of each model. On this basis, as the results of the research recommendations for state support for the commercialization in socially significant industries of the Russian economy are suggested.

Author Biographies

Natalia P. Kononkova

DSc (Economics), Associate Professor
ORCID: 0000-0002-6415-0863
npkononkova@econ.msu.ru

Faculty of Economics, Moscow State University, Moscow, Russian Federation

Natalia V. Polavskaya

PhD applicant
ORCID: 0009-0004-2745-2514
polavskayanv@gmail.com

Faculty of Economics, Moscow State University, Moscow, Russian Fedeartion

References

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Published

2024-04-30

How to Cite

State Support for Commercialization of Intellectual Activity Results in Socially Significant Industries. (2024). Public Administration. E-Journal (Russia), 103, 196-207. https://doi.org/10.24412/bpg4f290

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Section

Scientific articles

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How to Cite

State Support for Commercialization of Intellectual Activity Results in Socially Significant Industries. (2024). Public Administration. E-Journal (Russia), 103, 196-207. https://doi.org/10.24412/bpg4f290

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