The purpose of the paper is to study the reaction of the Russian government and Russian companies on the economic crisis after one year since the outbreak of the crisis.

In the paper, a particular attention is given to the innovative activities in Russia.

The aim of the paper is to increase understanding whether the measures taken by the Russian government during the past year are leading Russia out of the economic crisis as a more innovation-oriented economy or whether the economy will continue its reliance on energy and raw material exports also in the near future.

The paper is based on the publications related to government policy and statistics on innovation activity of Russian companies. The findings of the policy analysis are reflected against information from companies.

http://www.tse.fi/FI/yksikot/erillislaitokset/pei/Documents/Julkaisut/dezhina_and_kaartemo_1909_web.pdf