The Ministry of Economy will add the “right to risk” to the draft law “On Technology Policy”, which will exempt companies and investors in the technology sector from responsibility for the loss of public money if the project fails, Kommersant writes.
Currently, the “right to risk” is provided for in the law “On Science”, but the mechanism remains inoperative, the publication reports. Losses from government investments in technology assets are associated with risks of criminal liability.
As reported by the ministry, the possibility of the “right to risk” is regulated by two rules:
- If the entrepreneur complied with the decision-making procedure (risk management system, collegiality, participation of experts), then there is no reason to consider his actions dishonest;
- The procedures must be followed by the operator of the support measures, that is, the investor.
To accelerate the creation of a market for high-tech developments in Russia, in 2023 the government has already granted VEB.RF the “right to take risks” – the state corporation, against the background of a decrease in capital investments from risk, it can become the most important player in this market.
Experts interviewed by the newspaper believe that only under the condition of the “right to risk” will Russian technologies be able to develop independently and not replace suppliers who are no longer there.
Author:
Anastasia Marina
Source: RB
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