Investment growth in innovation is observed in almost

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Experts from the Institute for Statistical Studies and Economics of Knowledge at the National Research University Higher School of Economics analyzed new data on the costs of Russian large and medium-sized businesses on innovation activities. The results of the study show that the trend towards increasing costs on innovation activities continued in 2023. The volume of investment in innovation by Russian organizations reached 3.5 trillion rubles, which is 23% higher than the 2022 figure. The intensity of innovation costs (the ratio of costs to the total volume of shipped products) amounted to 2.5%, an increase of 0.4 percentage points compared to 2022.

all sectors of the economy. india telegram he highest growth is in the services sector, where the departure of foreign companies from the market has increased business activity and accelerated the development of new domestic technologies. In 2023, service sector organizations invested a record 1.8 trillion rubles in innovation. Expenditures on innovation in organizations developing computer software (SW) and providing consulting services in this area have increased significantly and reached 291.4 billion rubles (an increase of 3.2 times). Expenditures on activities in the field of information technology have increased by 4.8 times and amounted to 78.8 billion rubles. Russian companies spent 13 billion rubles on advertising and market research, which is 7.2 times more than a year earlier.

Vladislav Laptev, Innovation Director at fintech developer and integrator Fork-Tech, explained the reason for the growth in investment: "The sharp increase in investment in innovation is due to the need for import substitution. The departure of a significant number of Western solutions from the Russian market has led to an urgent need to replace equipment and software needed to maintain and develop a business. In addition, inflation has played a role, increasing the cost of innovation. It is also worth noting the trend towards developing solutions based on artificial intelligence, which require significant computing power, which increases the cost of specialized equipment."

The costs of developing and implementing innovations in industrial production in 2023 amounted to 1.56 trillion rubles. The group of industries with positive dynamics mainly included medium-tech sectors, as well as the production of computers, electronic and optical products, beverages, tobacco products and leather, which reoriented their activities in accordance with increased consumer demand.