Mikhail Mishustin holds strategic session on intellectual property development

Mikhail Mishustin: "The President has set a clear goal: to increase fixed capital investment by at least 60 percent over the next five years. This means the share of intellectual property within that investment must also grow. The trend is already clear, with IP's share reaching 6 percent over the past four years. To meet the head of state's target, we must now consolidate this positive momentum."

Mikhail Mihustin's opening remarks:

Good afternoon, colleagues,

Today, we will be discussing the development of intellectual property - a crucial area for strengthening our national economy.

Reliable protection for advanced ideas, inventions, and scientific research acts as a powerful stimulus for innovation. It boosts the competitiveness of our enterprises both at home and, critically, abroad. This protection enables businesses to move forward, to expand production, to explore other avenues and develop new, high-quality goods and services. This is especially vital in our priority sectors: energy, metallurgy, transportation, heavy engineering, and aviation. This directly supports the national goal of achieving technological leadership as outlined by the President.

Following the head of state's instruction, the Government has implemented a series of measures to support our developers and to ensure the commercial viability of their solutions. The aim is to ensure these initiatives do not go unused but are quickly implemented and translated into high-quality products that benefit the nation as a whole.

To this end, we are implementing roadmaps to transform the business climate and our national economic model. These create attractive conditions for inventors and entrepreneurs by ensuring they can conveniently register their intellectual property rights. As you know, all documents can now be submitted electronically without leaving the office or home. Currently, over 80 percent of applications are filed online. Importantly, the review period has been significantly shortened to an average of just four months, which is notably faster than the timelines in many other jurisdictions.

Furthermore, companies engaged in research and development benefit from reduced tax liabilities. To reiterate, R&D expenses qualify for a double tax deduction, while the resulting savings can then be reinvested - into new equipment and essential materials for manufacturing, and into upskilling their workforce.

We also help small and medium-sized businesses obtain additional resources for their long-term development. For this purpose, a relevant mechanism of loans has been enforced with intellectual property serving as collateral. It is very important that we expand its practical application, so that patents and trademarks become real economic assets for earning money and attracting investment.

Multiple Russian territories, including Mordovia, the Ulyanovsk, Novgorod, Kemerovo, Novosibirsk and Amur regions, the Stavropol Territory and the Khanty-Mansi Autonomous Area, have launched a so-called preferential patent box regime. These special terms allow enterprises to reduce or completely annul regional intellectual property profit taxes and to use the money thus derived for introducing advanced inventions.

All these tools are yielding real results and assisting those involved in research and development projects and manufacturing high-tech products. Last year, the number of invention-registration applications from self-employed businesspersons soared by nearly 33 percent, compared to 2024. This means that new solutions have emerged for the information technology sector, food chemistry, medicine, the machine-tool sector and multiple other industries.

We are posting positive trends with regard to trademarks whose number has increased by 25 percent. Russian companies now submit most applications. More and more Russian brands, including regional brands, are entering the market. It is important that we continue these trends and support our producers, for major businesses and small enterprises across the country to be able to develop and to offer unique products to customers.

The President has set the task of expanding fixed capital investment volumes by at least 60 percent in the next five years. This means that the share of intellectual property should increase in overall investment volumes. It is necessary to consolidate positive trends for achieving the goals set by the President.

With this in mind, it is important to support our entrepreneurs who integrate inventions into economic operations, and who expand collaboration between education organisations, science and businesses. Consequently, the industry, key innovative sectors and the social sector would not depend on foreign suppliers but would rely on domestic solutions instead. I repeat, intellectual property should become an effective economic asset.

Today, we will discuss these issues in greater detail. We will chart additional measures that should be implemented, so that new inventions would help us strengthen the economy and the country's technological sovereignty, boost the quality of Russian products and create innovations for people.