Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

New non-invasive method can detect Alzheimer's disease early: MRI probe technology shows brain toxins in living animals for first time December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Quantum physics just got less complicated December 22nd, 2014

Enzyme Biosensor Used for Rapid Measurement of Drug December 22nd, 2014

Govt.-Legislation/Regulation/Funding/Policy

Mysteries of ‘Molecular Machines’ Revealed: Phenix software uses X-ray diffraction spots to produce 3-D image December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Atom-thick CCD could capture images: Rice University scientists develop two-dimensional, light-sensitive material December 20th, 2014

Oregon researchers glimpse pathway of sunlight to electricity: Collaboration with Lund University uses modified UO spectroscopy equipment to study 'maze' of connections in photoactive quantum dots December 19th, 2014

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 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE