Marchmont News 20 November 2012
During a US-Russia Bilateral Presidential Commission meeting held on October 30, foreign and Russian experts debated approaches that the participants thought would be beneficial for Russia to choose in its drive for innovation.
Marchmont CEO Kendrick White took part as an American expert. He shares his impressions and his ideas on how to improve what seems to be Russia’s zigzaggy, if not knee-jerk, advancement towards a 21st-century economy.
Kendrick, at the Moscow meeting, you raised the issue of the fundamental lack of a culture of business mentoring in Russia, to which Igor Agamirzyan, the head of Russian Venture Company, jokingly responded that “experienced Russian businessmen will do mentoring for start-ups when they retire.” Don’t you think that would be too late?
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