Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > News > Russian Auditors Enforce Strict Control over Nanotech Budget

August 17th, 2010

Russian Auditors Enforce Strict Control over Nanotech Budget

Abstract:
One of the knocks people had when the Russian government announced its nanotechnology initiative was that it would be rife with corruption. And sometimes it seems it has fulfilled that promise.

But it also appears as though the Russian government is really bearing down hard to combat any abuses. Science magazine's Science Insider is reporting that the Russian Federation Accounts Chamber, a body which audits the federal budget, believes that a disbanded government agency for R&D misspent US$16 million in 2008-2009 on nanotechnology projects.

It's great that Russia appears committed to running a tight ship when it comes to their nanotechnology initiative. However, one has to wonder what's the point of an initiative that purports to be developing nanotechnology in Russia and just goes out and buys companies abroad. It would seem the economic benefit will spread only to a small number of financiers, but then again that is the way of things nowadays.

Source:
ieee.org

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Iranian Researchers Planning to Produce Edible Insulin January 28th, 2015

Nanoparticles that deliver oligonucleotide drugs into cells described in Nucleic Acid Therapeutics January 28th, 2015

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Spider electro-combs its sticky nano-filaments January 28th, 2015

Govt.-Legislation/Regulation/Funding/Policy

Nanoscale Mirrored Cavities Amplify, Connect Quantum Memories: Advance could lead to quantum computing and the secure transfer of information over long-distance fiber optic networks January 28th, 2015

Detecting chemical weapons with a color-changing film January 28th, 2015

'Bulletproof' battery: Kevlar membrane for safer, thinner lithium rechargeables January 28th, 2015

Researchers Make Magnetic Graphene: UC Riverside research could lead to new multi-functional electronic devices January 27th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2015 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE