Accepted at the ninth plenary session of Inter-parliamentary Assembly of the State Parties of the CIS by the resolution of June 8, 1997, No. 9-11
About innovative and investment infrastructure
This Law establishes the legal basis of creation, work and development of the state innovative and investment network infrastructure (further - networks) providing on places in regions of the member countries of the CIS functioning of the innovative and investment mechanism allowing to activate social and economic development of regions in the conditions of emerging market economy and tough financial restrictions.
According to this Law, the sphere of purposeful state scientific and technical policy there shall be the most effective on return of capital investments final stage scientifically - technical progress - stage of innovations at which knowledge and technologies accumulated by earlier world practice are used for the organization of complete "turnkey" productions of new or missing goods and services. The state innovative and investment infrastructure created for carrying out such policy is designed to execute role of the bridge providing promotion of world scientific and technical achievements in productions of the specific country or region.
Use regulated by this Law for creation of the state innovative and investment network of divisions of leading universities, academic institutes, industry science and production associations and financial and industrial groups allows to avoid big costs and gives the chance to provide professional marketing and effective management of innovative projects through scientists-organizers, responsible for resulting effect, - project managers for the benefit of development of production and national economy in general.
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