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

Purdue 3-D printing innovation capable of making stronger, lighter metal works for auto, aerospace industries November 20th, 2014

Leica Microsystems Presents Universal Hybrid Detector for Single Molecule Detection and Imaging at SfN and ASCB: Leica HyD SMD - the Optimal Detector for Precise and Reliable SMD data November 20th, 2014

Silver Nanoparticles Produced in Iran from Forest Plants Extract November 20th, 2014

Nano Sorbents Able to Remove Pollutions Caused by Oil Derivatives November 20th, 2014

Govt.-Legislation/Regulation/Funding/Policy

NRL Scientists Discover Novel Metamaterial Properties within Hexagonal Boron Nitride November 20th, 2014

A novel method for identifying the body’s ‘noisiest’ networks November 19th, 2014

Arrowhead Files for Regulatory Permission to Begin Phase 1 Trial of RNAi Therapeutic ARC-AAT November 18th, 2014

Two sensors in one: Nanoparticles that enable both MRI and fluorescent imaging could monitor cancer, other diseases November 18th, 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