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Ecosystems supporting innovation are being created in many developing countries. Russia is no exception. An examination of the status of the emerging ecosystem in Russia is presented here with indications of its strengths and weaknesses. Six major categories are studied and rated in a relative system of comparison between Russia and various emerging markets as well as the United States. The rating for each category employs several factors which sum to provide a view of the overall standing of the country in areas of market, capital, people, culture, infrastructure and regulations.

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