Breaking News
Comments
Oldest First | Newest First | Threaded View
rick merritt
User Rank
Author
Window on another world
rick merritt   9/20/2013 12:38:47 PM
NO RATINGS
If you've had some exposure to Russia's tech world, tell us what you've seen.

const50
User Rank
Rookie
Re: Window on another world
const50   9/22/2013 9:28:33 AM
NO RATINGS
You can find it at www.scdsibir.com

DrQuine
User Rank
CEO
the unspoken questions
DrQuine   9/22/2013 6:52:29 PM
NO RATINGS
The capabilities and creativity of Russian scientists and engineers are well known. Corporations seeking to invest in Russia, however, have to ask a key question: what assurances are there of contract permanence, security, and the rule of law? Too often successful businesses in Russia encounter interference from organized crime or government interventions. If corporations are to make long term investments, they need to be confident that the playing field will remain level.

prabhakar_deosthali
User Rank
CEO
Re:
prabhakar_deosthali   9/23/2013 8:53:43 AM
NO RATINGS
In my opinion,if Russia follows the example of China where the private entrpreneurs have a free hand in developing their business while the governemnet concentrates on the policies of Nationa Interest and security, then  it can be a very good opportunity for global investors.

rick merritt
User Rank
Author
Re: the unspoken questions
rick merritt   9/23/2013 1:22:26 PM
NO RATINGS
@DrQuine: Yeah I could see that being an investment killer, as it were.

But is this a stereotype (Russian Mafia, canceled contracts, govt corruption) that is no oinger true? Or are there any recent anecdotes?

LarryM99
User Rank
CEO
Re: the unspoken questions
LarryM99   9/23/2013 2:12:36 PM
NO RATINGS
I did some consulting with HP about 15 years ago, when Russia was in the Glasnost era. My contacts in HP told me that they had been very interested in Russia but were pulling out because of changes in government policies (they were making major investments in China). Nothing more specific than that, but I got the feeling that they had no trust in Putin. Any time a country is run by a central figure like that you run the dual risk of him arbitrarily changing the rules or dying and leaving behind a power vacuum.

DrQuine
User Rank
CEO
Re: the unspoken questions
DrQuine   9/23/2013 11:11:08 PM
NO RATINGS
I have no idea about the merits of the cases but there certainly have been recent reports of "questionable" arrests and convictions of Russian businessmen and billionaires in the media ["A court convicted Mr. Navalny on what were widely seen as trumped-up charges"]: August 28, 2013 "Political Endurance Test for Russian Billionaire" 

[http://www.nytimes.com/2013/08/29/world/europe/political-endurance-test-for-russian-billionaire.html?_r=0].

I don't know whether businessmen reach prominence because of illegal business activities, whether politically unpopular stands are the cause of their difficulties, or whether successful businesses are just too tempting for the state to leave in private hands. Understanding these issues is essential before investing significant amounts of money for the "long run".

Obviously there are reports in the American media of businessmen being arrested in the United States as well (many of these cases sound justified to me). Perhaps Russian readers are concerned by those reports. I'll defer to a subject matter expert to determine the legitimacy of the Russian businessmen arrests and the legal stability of ventures and investments in Russia.



EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Fist Bumps & the Zombie Apocalypse
Max Maxfield
25 comments
Are you concerned about the possibility of a Zombie Apocalypse or do you scoff at the thought of such an eventuality? If the latter, would you be surprised to hear that the US military has ...

Rishabh N. Mahajani, High School Senior and Future Engineer

Future Engineers: Don’t 'Trip Up' on Your College Road Trip
Rishabh N. Mahajani, High School Senior and Future Engineer
8 comments
A future engineer shares his impressions of a recent tour of top schools and offers advice on making the most of the time-honored tradition of the college road trip.

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
41 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...

Karen Field

July Cartoon Caption Contest: Let's Talk Some Trash
Karen Field
151 comments
Steve Jobs allegedly got his start by dumpster diving with the Computer Club at Homestead High in the early 1970s.

Top Comments of the Week
Flash Poll
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)