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State may participate in commercial projects, but should leave them on time — Medvedev

Prime Minister reiterated his earlier ideas that the Russian state “should move aside”, that there is too much of the state in certain sectors

MOSCOW, October 31 (Itar-Tass) — The state may participate directly in commercial projects, but should be leaving them on time, Russia’s Prime Minister Dmitry Medvedev told a plenary session of the Moscow International Forum of Innovation Development – Open Innovations – on Wednesday.

Medvedev reiterated his earlier ideas that the Russian state “should move aside”, that there is too much of the state in certain sectors. But, in his opinion, without participation of the government and regional authorities no innovation development in any country may do. He stressed once again that the role of the state in development of the innovative economy is huge, but at the same time it should have a strategy of leaving projects as they grow to being independent.