Interfax: “Medvedev: progress made in intellectual property protection in Russia”

MOSCOW. Oct 31 (Interfax) – Russia has made progress in the protection of intellectual property, Prime Minister Dmitry Medvedev told the audience at the “Open Innovations” Forum in Moscow on Thursday.

“There is one more theme, which, unfortunately, has been very complicated in Russia for a long period. I mean intellectual property. Nevertheless, I think that we have recently taken a large step forward. By the way, a special-purpose court for intellectual rights started its operations recently, and other regulatory bodies may be created in the future,” he said.

“A strategy of Russia’s innovative development till 2020 has been approved and, probably, it is a mission of any government to understand the development vector,” Medvedev continued.

“We expect the strategy to add approximately 1% to our economic growth with innovations already from 2015. Indeed, this goal is ambitious but we are counting on that,” he said.

“Obviously, we are upgrading our laws, seeking to make them modern and adapted to venture financing, and trying to use the international experience,” Medvedev said.