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Friday 28 January 2011

Skolkovo: Russia's Emerging Silicon Valley

Knowledge@Wharton
Jan 26, 2011



In all of Russia's tumultuous history, the last 100 years have seen perhaps the most influential political and social upheavals, which have had a dramatic effect on the Russian psyche. Communist leaders Vladimir Lenin and Joseph Stalin radically transformed a poor country with centuries of outdated agrarian traditions into one of the most modernized industrial nations in the world. The rapid industrialization catapulted the Soviet Union to the forefront of the global political economy, making it a superpower comparable to the United States. Yet the Soviet Union's demise was a result of its sustained path to industrialization and its underestimation of the vital importance of diversifying its base of technologies in a new information age -- one focused on computers and nanotechnology.

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