Study of innovative development of BRICS countries on the basis of the financing of investment in R&D

The article presents a study on the financing of R&D investments in BRICS countries, including the dynamics of domestic expenditures on research and development by source of funding. The analysis of investment activity of private companies and their share in the total domestic financing of investment. A study of financing of innovation activities in the BRICS countries, identified their characteristics and priorities.

Keywords: investment, financing, innovative activity, investment activity.


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