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Financial Provision for the Scientific and Technical Development of the Branch



The decree of the Central Committee of the Communist Party of the Soviet Union and the USSR Council of Ministers "On Improving Planning and Strengthening the Influence of the Economic Mechanism on Increasing Production Effectiveness and Work Quality" has significantly modified the system for financing scientific and technical progress. Particular emphasis should be placed on the new approach to the mechanism for providing financial resources for the scientific and technical development of production, which is expressed in the increased cost-accounting interest of collectives of enterprises (associations) and scientific -technical organizations in accelerating scientific and technical progress and making effective use of financial allocations for the creation, development, and diffusion of new technology.

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