Forum Views ()
Forum Replies ()
Read more with google mobile :
Russia's Medvedev pushes high-tech project
|
Edition:
U.S.
Article
Comments (1)
Save
Email
Print
Reprints
Most Popular
Most Shared
UPDATE 1-U.S. Gulf state shrimpers sue BP over oil spill
29 Apr 2010
WRAPUP 3-U.S. Coast Guard sets oil slick ablaze
28 Apr 2010
Police barred from penis enlargement
23 Apr 2010
Stocks rise, euro wavers; await Greek rescue news
| Video
3:00am EDT
U.S. starts criminal probe into Goldman: source
29 Apr 2010
Judge from Montana interviewed for Supreme Court
29 Apr 2010
Thai hospital near protest evacuates patients
| Video
29 Apr 2010
White House defends offshore drilling plan
29 Apr 2010
Fearful British parents keep kids closer than ever
29 Apr 2010
Apple's Jobs slams Adobe's Flash technology
29 Apr 2010
Thai "red shirts" vow to intensify campaign
| Video
25 Apr 2010
Rio Tinto China trial verdict due Monday
28 Mar 2010
UPDATE 1-U.S. Gulf state shrimpers sue BP over oil spill
29 Apr 2010
Women to start serving on U.S. Navy submarines
29 Apr 2010
U.S. starts criminal probe into Goldman: source
29 Apr 2010
Iceland has longest-lived men, U.S. scores poorly
29 Apr 2010
UPDATE 1-US Senate Democrats propose immigration reform
29 Apr 2010
28 detained in beach "gigolo" raid
28 Apr 2010
Armani opens first hotel in Dubai, plans Milan next
27 Apr 2010
FACTBOX-Five areas of Greek budget waste
28 Apr 2010
Russia's Medvedev pushes high-tech project
Denis Dyomkin
MOSCOW
Thu Apr 29, 2010 6:07pm EDT
Related News
Russia's Vekselberg to leave as TNK-BP director
Wed, Apr 28 2010
Book Talk: Putin-Khodorkovsky battle a "bar room brawl"
Wed, Apr 28 2010
Russia's Medvedev says may stand again in 2012
Sat, Apr 24 2010
Caucasus insurgency casts pall over Russian Olympics
Mon, Apr 19 2010
FEATURE-Caucasus insurgency casts pall over Russian Olympics
Mon, Apr 19 2010
Russia's President Dmitry Medvedev chairs a meeting with state officials in the town of Istra outside Moscow, April 22, 2010.
Credit: Reuters/Alexander Natruskin
MOSCOW (Reuters) - President Dmitry Medvedev said on Thursday that Russia must move fast to create a home for innovative companies in high-tech industries, pushing a project he hopes can be a showcase of his presidency.
Technology
Medvedev urged bureaucrats and business leaders not to waste time in developing a major business park outside Moscow that would provide tax breaks and other state support to companies in a bid to wean Russia away from reliance on energy exports.
"The process should not be stretched for years. It is not preparations for 2014 Olympics, everything should be fast and determined," Medvedev said. "We want this project to be full of life, not still-born."
Medvedev's reference to the Olympics linked his pet project with one of the most ambitious undertakings of his predecessor, Vladimir Putin, who has staked his reputation on the success of the 2014 Winter Games in Sochi.
Medvedev, struggling to emerge from Putin's shadow, has pitched Russia's answer to Silicon Valley as a crucial part of his effort to modernize the economy of a country that coasted on oil revenues during Putin's presidency.
His remarks came as speculation mounts over how Russia's ruling tandem will handle a 2012 presidential vote -- whether Putin will seek to return to the Kremlin, support a second term for his protege or look for another option.
Putin provided crucial support for Russia's bid for the Olympics and is overseeing construction in Sochi, a Black Sea resort where most venues must be built from scratch.
RED TAPE
Russian officials in charge of Olympic preparations complain that even with the huge powers at hand they are still facing red tape and corruption. Critics say Medvedev's high-tech city project will face the same hurdles.
Both Putin and Medvedev have indicated they could run in 2012, but have been vague about their plans. Their statements are scrutinized for signs of a rivalry real enough to shake the political stability cherished by both leaders ahead of the vote.
Medvedev owes his position to the popular Putin, who was constitutionally barred from seeking a third straight term in 2008 and steered Medvedev into the presidency instead.
Medvedev has often said the two work well together but has occasionally made remarks widely interpreted by political observers as veiled digs at Putin.
Medvedev appointed Viktor Vekselberg, an energy and metals magnate who owns a stake in leading Swiss technology firm Oerlikon, to oversee the high-tech project at a site west of Moscow which already hosts a business school.
Medvedev said that the world's largest chip maker Intel Corp's Chairman Craig Barrett will co-chair the hub's supervisory council while Nobel-prize winner biochemist Roger Kornberg will co-chair the scientific council.
The technology hub aims to give state backing to companies to help them develop selected innovative products in five priority sectors: energy, IT, telecommunications, biotech, and nuclear technologies.
The city will live under its own laws and police, and its companies will enjoy tax breaks for the first 10 years.
(Writing by Gleb Bryanski and Steve Gutterman)
Technology
Comments
See All Comments (1) | Post Comment
Apr 29, 2010 7:02pm EDT
Chief Technology Officer of FirstChoiceWebDesigns.net, Tina Landrith-Mills, is a veteran of the dotcom era. She began her first company at home on 386 with 8 megs of ram and an idea. Her first company is listed on the Nasdaq today. She speaks to us about a ‘New Dot Com Era.’
Tina Landrith-Mills: Have you noticed how small the Internet has become lately. We have Facebook, and if Facebook were a country it would be the fourth largest Country in the world. However, like many companies in the dot com era, facebook began with the birth of an idea and then some connections.
We all had ideas for a company during the dot-com era – what happen to that innovative thinking? Venture Capitalist pulled out overnight and we stop thinking. However, developing a dot-com business has never been easier due to that wealth of free applications that are already present on the web. Why reinvent the wheel? Venture capital money is not needed in today’s technology race to get started on a brilliant idea. The problem with the dot com era is that before that period we had to invent something and prove that invention before it recieved financing … during the dot com era the cart was placed before the horse in that regard. Havard grads for example were given millons of dollars to create an invention before proving profitability. Athough they had a fine education they did not know much about the new technical workforce they would have to manage.
Tina Landrith-Mills: Well the first step is to go back to the birthingroom of great ideas. Once ideas are thought out there is a process in place for working with web development companies from conception to delivery without having to sell yourself out of ownership of your intellectual properties.Firstchoicewebdesign.net is an example of a company that will help you with a dot com idea and finance your web project. Failure is not falling down it is refusing to get back up again and the ‘New Dot Com era’ will be our next economic boom.
geekiefreak
Report As Abusive
See All Comments (1)
Add a Comment
*We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.
More from Reuters
U.S. starts criminal probe into Goldman: source
WASHINGTON/NEW YORK (Reuters) - Federal prosecutors in New York have begun investigating Goldman Sachs Group Inc, raising the possibility of criminal charges against the company or its employees, a source familiar with the situation said on Thursday.
U.S. government intensifies effort to contain oil spill
| Video
Economy likely grew 3.4 percent in first quarter
| Video
United, Continental to announce merger Monday: report
RIM breaks into top 5 in surging phone market
Did Goldman gain AIG insight from Timberwolf?
» More Top News
Greek austerity plan at the ready
Greece readied severe measures to secure billions in aid and avoid debt default, providing relief to financial markets but drawing threats from unions. Full Article | Slideshow
Scenarios: Can Greece cut its deficit?
Greece bailout will prevent EU spillover
Spain says will not have to ask for help
Portugal opposition backs austerity
Felix Salmon: Why the ECB is to blame
Greece
Gauging the oil spill fallout
A deadly oil rig explosion and subsequent spill could not have come at a worse time for the oil industry. How will it impact offshore drilling and climate legislation? Full Article
Infographic: Map of the oil rig leak
Fears of fishery, tourism damage
Breakingviews: Not just BP's problem
Video: Oil spill may last 90 days
Green Business
© Copyright 2010 Thomson Reuters
Editorial Editions:
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
United States
Reuters
Contact Us
Advertise With Us
Help
Journalism Handbook
Archive
Site Index
Video Index
Analyst Research
Mobile
Newsletters
RSS
Podcasts
Widgets
Your View
Labs
Thomson Reuters
Copyright
Disclaimer
Privacy
Professional Products
Professional Products Support
Financial Products
About Thomson Reuters
Careers
Online Products
Acquisitions Monthly
Buyouts
Venture Capital Journal
International Financing Review
Project Finance International
PEhub.com
PE Week
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Other News on Friday, 30 April 2010 NATO troops raid Afghan MP's home, kill relative
Palm shares soar on HP acquisition
Iraq vote recount to start Monday; may take 3 weeks
Google wins Rosetta Stone trademark case
Clashes erupt as Greek bailout deal nears
Belgian parliament votes to ban wearing of veil
|
Apple chief makes case against Adobe Flash software
Australia plans world-first plain cigarette packets
UN to distribute 200,000 laptops to Gaza refugees
Lady Gaga, Bill Clinton, Lula top Time's influence list
US-TECH Summary
Pakistan agents believe Taliban's Mehsud is alive
|
Hugo Chavez hails successful Twitter debut
Kidnap, oil theft plague Nigeria as amnesty falters
|
Washington Post revamps online political coverage
Hezbollah leader won't confirm or deny Scud claims
|
Man stabs 28 children at kindergarten in China
Motorola smartphone sales rise
Pakistan Taliban chief said to survive US attack
Apple's Jobs criticizes Flash's "closed system"
Myanmar TV says pro-junta group registers for vote
Motorola smartphone sales rise
Panama's ex-dictator Noriega very weak: lawyer
|
SKorea ship sinking may be perfect crime for North
Myanmar aid barriers hinder cyclone recovery: HRW
France denies Noriega war prisoner status
Elders' absence hinders army goals in NW Pakistan
Oil slick to hit U.S. coast on Friday
Vietnam seeks funds to clear unexploded wartime bombs
China will undertake greater global role: Wen
Thai protest rivals want military to end 'anarchy'
Rosetta Stone suit vs Google dismissed
|
Wireless group pushes hunt for spectrum
|
Motorola posts profit, smartphone sales rise
|
French-Australian film to close Cannes festival
India's 3G auction to end this week: minister
US-ENTERTAINMENT Summary
Hugo Chavez invites Fidel, Evo to Twitter
|
Wen vows fairness for foreign, Chinese companies
Lady Gaga, Bullock named top artists in 2010
China mobile carrier Unicom's profit down 68 pct
Bad boy Colin Farrell questions word of his reform
US Navy officially ends ban on women in submarines
Seized violin to be loaned again to virtuoso: Austrian central bank
Bucharest businessmen combine cycling and chic
Slim down for promotions, Nepalese police told
A Minute With: Michael Caine on being "Harry Brown"
Moscow unveils restored Bolshoi facade
Bad boy Colin Farrell questions word of his reform
|
Lady Gaga, Bullock named top artists in 2010
|
Clinton seeks concrete action on peace from Arabs
EU's Barroso says confident Greece will contain crisis
UK's Cameron seeks to build on TV debate boost
|
US Boy Scouts issues awards for videogame mastery
Israel's Netanyahu takes on hardliners in party vote
Brown fails to woo voters in crunch British TV debate
Thai hospital near protest evacuates patients
|
Hezbollah leader won't confirm or deny Scud claims
Flatulent orange superhero has a blast in British poll
EU, China talk over how, not if, to sanction Iran
|
South Korea's Lee meets Hu; sunken ship in backdrop
|
Microsoft shelves Courier, but may re-emerge
Car bomb kills 8, wounds 20 in Baghdad
Apple iPhone prototype finder identified
More survivors return after attack on Mexico aid convoy
Shanghai shuts down financial district ahead of Expo
|
Rosetta Stone suit vs Google dismissed
Russia's Medvedev pushes high-tech project
Palm shares soar on HP acquisition
Clinton seeks concrete action on peace from Arabs
|
As US papers struggle, AP net profit falls 65%
North Korea to expel South Korean workers from resort
|
Apple chief makes case against Adobe Flash software
Japan PM renews vow to resolve U.S. base row
|
Oil from leaking well 'washes ashore' in Louisiana
Chinese reports say 5 children hurt in new attack
Navy to allow women to serve on submarines
Thai woman, Philippine man convicted in Cambodia
US Democrats unveil immigration overhaul plan
Vietnam celebrates 35th anniversary of war's end
Disaster looms as oil slick closes on US coast
Adviser slams Tonga government over ferry inquiry
U.S. Democrats unveil immigration reform plan
Chinese man burns to death after latest school attack
Trial set for U.S. parents in death of Russian boy
Report: Japan issues warrant for anti-whaling boss
Oil spill pressures White House on drilling, climate
Man burns himself in latest China school attack
Deadly school attacks in China
Japan seeks arrest of anti-whaling ship chief
Thai protesters storm major hospital in Bangkok
Japan data shows mixed signs for recovery
China Construction Bank plans big share issue
Czechs discover a new taste for speciality beers
Cuba's underground rappers test free speech
Microsoft shelves Courier, but may re-emerge
|
Samsung Q1 net profit surges to record high
Seoul shares gain on techs, Samsung Elec
"Chuck" fans plan rally support for series
Japan factory output up but jobless rate worsens
"Glee" star Agron cast in sci-fi movie "Four"
Russia's Medvedev pushes high-tech project
|
Bank of Japan keeps key rate unchanged
Stephen King's "Dark Tower" in new hands
"Nightmare" redo eyeing No. 1 box-office bow
German, U.S. films win top prizes at Tribeca festival
"Iron Man 2" opens at No. 1 in six overseas markets
Toyota sets up design quality division
Taiwan stocks log worst fall in 2 wks, track China
S.Korea may take steps on Samsung Life IPO's FX impact
Japan's central bank holds interest rates steady
Conan criticizes Leno over Tonight Show fiasco
|
German, U.S. films win top prizes at Tribeca festival
|
Nightmare a sleep-inducing retread
|
Glee star Agron cast in sci-fi movie Four
|
Chuck fans plan rally support for series
|
Lindsay Lohan defends gun photo as art
|
Iron Man 2 opens at No. 1 in six overseas markets
|
Vengeance neither sweet or funny in eco-comedy
|
Stephen King's Dark Tower in new hands
|
Oprah Winfrey network to air Rehab show
|
Spain jobless rate tops 20%, adding to debt worries
Wounded Nokia chief to face frustrated investors
Microsoft sidelines "Courier" tablet project
Disaster looms as oil slick reaches US coast
Northern Ireland police on alert ahead of British vote
|
Thai man arrested for Facebook post about monarchy
Iraq's Maliki rejects rival's call for intervention
|
Police in Azerbaijan detain dozens marking massacre
|
US-TECH Summary
Lebanon shocked by lynching of murder suspect
|
Wounded Nokia chief to face frustrated investors
Pakistan, India still have much to do on ties
|
Mauritius vote seen close, economic reforms to stay
|
Intel: Ex-Pakistan spy found dead in N. Waziristan
Outcry at Russian government's media crackdown bid
|
Indonesia police say arrested American had hashish
Thai hospital evacuated after protesters storm it
Hawaii lawmakers OK civil unions, send bill to gov
2 Ind. boys accused of killing stepdad to run away
Water dispute fuels India-Pakistan tensions
5 preschoolers hit with hammer in new China attack
Beijing limits home-buyers to one new apartment
Cambodia court rejects bail for K.Rouge leaders
China's Hu meets officials of 2 Koreas amid crisis
Thai protesters on defensive after storming hospital
Wounded Nokia chief to face frustrated investors
|
Pakistani rupee edges firmer; stocks end lower
Smartphone shipments surge
|
India bans Chinese telecom equipment
China Shenhua profit up on strong coal demand
China Construction Bank to raise up to $11 billion
Japan's recovery accelerating, central bank says
ANA quarterly losses swell amid travel slump
East Timor opposes floating gas plant
Total 's Cambodia deal needs scrutiny: watchdog
Samsung Q1 net profit surges to record high
AIG Taiwan deal could face further delay-regulator
Conan criticizes Leno over Tonight Show fiasco
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights