Izvestiya of Saratov University.

Economics. Management. Law

ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)

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Minat V. N. Government information policy and the dynamics of federal funding for the dissemination of US research and development results. Journal Izvestiya of Saratov University. Economics. Management. Law, 2021, vol. 21, iss. 1, pp. 38-47. DOI: 10.18500/1994-2540-2021-21-1-38-47

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Government information policy and the dynamics of federal funding for the dissemination of US research and development results

Minat Valerij Nikolaevich, Ryazan State Agrotechnological University named after P. A. Kostychev

Introduction. The traditionally high level of government participation in scientific and technical, innovation and implementation and foreign trade activities of the United States presupposes the active nature of federal funding for activities and information policy instruments related to the dissemination of the results of American R&D both in the national economy and in the international market. The study of the dynamics and structure of the distribution of allocations for the dissemination of special scientific and technical information and documentation is an urgent socio-economic problem, reflecting the level of scientific and technological development of the United States and the innovative activity of advanced sectors of the national economy for a long period of time. The theoretical analysis was carried out in the context of organizational and administrative institutions of the federal government (specialized departments), endowed with financial powers, subordinate to the central body generating a unified US information policy strategy for the dissemination of R&D results. An empirical analysis based on US official statistics made it possible to assess the specifics of financing scientific and technical information in the field of R&D by types, categories and departments – domestically for 1965–2019, as well as to calculate changes in the balance of US foreign trade with scientific and technical information and documentation in 2001–2019. Results. The general resulting conclusion is that any innovative information on the results of R&D provides a certain monopoly for a certain period, which gives the industry that created and introduced it, the department and the country as a whole, a certain advantage in the export of a new product. Since the United States has the most powerful national financial and innovation system among all states, with a developed structure, it provides its economic residents and their counterparties with ample opportunities for conducting fundamental and applied research and development and, of course, has an advantage in the production of innovative products with high competitiveness both in the domestic and in the global market, subject to the classic price-quality ratio.

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