Russia's presidential commission on economy modernization and technology will meet to consider innovation development programs of state-run companies on Monday.
The meeting will be held in the town of Arzamas in the Nizhny Novgorod Region in the Volga Federal District.
Russian presidential aide Arkady Dvorkovich earlier said about 60% of Russian state-run companies failed to draft relevant programs and to stipulate increased spending on R&D by the end of last year in line with President Dmitry Medvedev's instruction.
Dvorkovich said Russia will need 5-7 years to become a leader in space, medicine and other technology. He assessed the country's potential as "average."
The president has set modernization of the Russian economy as his main goal and prizes the Skolkovo hi-tech research hub, dubbed Russia's Silicon Valley, as the first fruit of the project.
MOSCOW, January 31 (RIA Novosti)
