the children of each. big but you know what you know the job you so much for children every girl durable teachers know and you look to those. in serbia letters available in most good in her region see they are going to. be watching r t here's a look at the top stories the un fails to agree on an e.u. proposed statement to condemn syria's crackdown on protesters of russia saying it could worsen the violence meanwhile the u.s. supported the arab spring backfire on washington's main ally israel if radical islamist managed to hijack the uprisings. the international monetary fund predicts america's reign as the world's largest economy will be over in just five years forecasts say it will be overtaken by china as early as two thousand and sixteen.

and neighboring india has seen its new middle class grow rapidly and they are spending power and celebrate business is booming and global brands are flocking to get in on the game. well russia's answer to silicon valley is ruling the cream of the high tech crop next artie's albert talks to a former boss of a computer chip giant intel about his role in driving the new technology hub on the outskirts of moscow. hello again to welcome to spotlight the in thing the show. i'm going out and today my guest in the studio is craig that. this innovation center created and promoted by president that video has gathered the best of the best and its management right here the living legend out intel corp craig barrett joins the

skulk about project together with other scientists and businessmen he's looking into how to make the end of asian center an international success today the cochairman of the skulk about foundational counsel craig barrett is my guest on spotify. spoke about innovation centers the favorite child of the russian president dmitry medvedev has been promoting the modernization of the country's economic and scientific future and grew to create an analogue of the silicon valley although the project is still largely on paper investment programs and research grants are being implemented already he's here euclid technologies telecommunications energy efficiency and by medical technologist are in the spotlight in skolkovo and many company managers believe the result of today's investment in some areas will soon be evident. wholeness

barry thank you very much for being with us my pleasure to be with you first of all there are rumors that mr paul is from russian division of kisko could replace victor vaccine because the head of the foundation is there is there any ground for these rivers can you comment so i have no idea what you're talking about idea ok well we'll have some more rumors later but now i have a quick. about the work well why did you agree and the first place to go to chris clark of the you say you have always been interested in international competitiveness this your country the united states needs big and powerful high tech competitors as russia could become i don't think it's a zero sum game international competitiveness means countries become competitive they become competitive they have consumers who consume more it means opportunity

for everyone to sell more product and russia has a great history of education scientific research not such a great history of innovation and commercialisation of the research and i'm just very interested in what it takes to turn russia into an innovative country creating consumer goods commercializing their research and that's a problem that many countries face and i think there's a great experiment going on here in russia. how on the twenty sixth of april from the mistake somewhere in there of april president medvedev he held a meeting with people to sum up the first achievements of the project well in your opinion what are the main achievements can you name them. over over the first eleven existence of i think there are a number of achievements the mechanics of the operation of school kobo are pretty well worked out in terms of what it's trying to do how it's going to attempt to do

that. the the operating structure the technical advisory board we're already making grants to small companies and startups. school couples very much acting in a virtual passion right now and later on it will become more physical as the structures get built buildings are built of people occupy the buildings but the most important thing for skolkovo overall is to get up an operational and that's happening in a very virtual mode right now you're mentioning this virtual skolkovo people speak a lot so that this virtual skulk which really does exist it isn't yet on the ground it is but but but the virtual skolkovo is working it is making money and is making lots of he are as we say what's your comment do you like this version and do you think maybe it should remain virtual but well you said it's making money i think it's. not making money but somebody if they're going to be providing. the structure

so the board for the school foundation said very early on that the virtual last act of so-called will was going to be as important as the particular aspect you really have to include all of russia it's not just a piece of real estate near moscow and it has to reach out to universities and not to print words all across this is what we call virtual this is really. reaching out . across the country without a physical it's not all. you can reach out to people and that's what's happening today and that's what will happen for the first year or so of operation it will be virtual the skolkovo innovation house which is being developed on the outskirts of moscow just mentioned by my guest has been growing quite a good of a special kosher spot lights liturgy me there has more in that. a little over a year after the president there have announced plans to create the so-called

russian soup it has already attracted quite a number of major foreign investors not given microsoft siemens only m. c. scott have signed cooperation agreements with. the russian innovation center that's hosted some top u.s. officials including the governor of california arnold schwarzenegger and he wants vice president joe biden and it was school where the former u.s. secretary of state condoleezza rice was to visit first when she came to russia after leaving the office if russia becomes a place in which of asian and but knowledge based economy becomes the basis of russian power in the international system and it's going to be a very much better world the high tech innovation center is currently being constructed with the first building due to be completed by november i've seen a french architect that arab company has one big competition for the hearts design

the girds idea of the center will resemble we're joined by to fly one of its wings will host research centers dealing with nuclear medical and then huge efficiency standards while another will be devoted to information technologies and space research as for residents of good part of why shape it will receive a wide range of crew which is among them tax breaks and start of grants this year alone three. do was with grants just burst to school participants. crazy you were smiling when you were watching this special what makes you smile that this is such a such a pleasant really think to be part of it or know why i think it's very positive and i'm going to be a mystery show a lot of important people and governor schwarzenegger and steve wagner and condi rice you know. there's been a good job of press relations here. it's fun but the real issue is

not what goes into the system the issue is what comes out do you get started companies can you commercialize research activities can you grow and diversify the russian economy in the high tech area unless all of that happens in skolkovo is not a success independent of how many important people you have a prime. have said recently i quote skolkovo must become one of russia's best known and best understood brands that everyone must know and quote the world skolkovo is it a brand is it already recognized abroad in the united states for example. quite a few people in the us recognise skolkovo and and when i was with the president today he was commenting that only forty percent of the russians recognise old people and he thought that that was poor brand recognition i tried to remind him of the intel was trying to create the intel inside brand we spent billions of dollars

to create that brand skolkovo spent next to nothing on its brand and already forty percent of russians and and world leaders recognize the name originally i think it's making progress even though very little has been spent on it. in town in term the way you were see was one of the companies was one of the brands which gave name to the silicon valley. in the united states because because your work is one of the one of the businesses that really created the whole business of the whole image of the silicon valley well do you think that there is sort scanning of technology. maybe there are some products there can make russia competitive worldwide what knowledge which probably one of the four private areas that the school could was really focusing on around biotech and alternative energy i t.

nuclear in space. i think there's opportunities in all those i mean you have excellent scientists and engineers here in russia. the commercialization of their output of their research is what's called people's all about so whether it's new materials new software cures for cancer all of these are possibilities it's really difficult up front to say this is the product that's going to come out of the store or. you know most startups don't succeed if you look at silicon valley only ten percent or so of the ideas that get funded really get into the marketplace so you can expect every idea to be successful but there's there's an immense amount of research activity here in russia and you have brilliant engineers around when i was it into a loop we had a workforce in russia of about a thousand engine years or pentasa take very are really top of the class in the world in terms of slide mathematics and computer algorithms there's

a huge opportunity to take their talent and turn that into products you said commercialization. of the wonderful talents engineering scientific talent that's we have in russia most of the russians would say that the main problem that we having today with russian engineering russian doctors russian engineers is commercialization that this is evil is it evil i know it well most people when you ask them what they want in life they say i want to good education for my children. i want a growing economy i want to good paying job and i want to nice environment to live and no matter where i go in the world they say all of those four things if you want to grow an economy you want good jobs you want to good education and you have to have something you can sell and you want to commercialize you you want to write as

and grow your economy through commercialization of high tech products high tech services is the twenty first century certainly russia has rich natural resources oil and minerals and forest products but i think your president your prime minister recognize you have to diversify your economy to compete with the rest of the world and that's commercialization there's no other way to do it says craig barrett the cochairman of the skulk around foundation spotlighted will be back shortly after we take a break so stay with us we'll continue this interview him. hungry for the full story we've got it for. the biggest issues get a human voice face to face with the news makers on. wealthy british scientists i'm

. trying to think like. a. market why not. come to. find out what's really happening to the global economy with much cause or for a no holds barred look at the global financial headlines tune into cars a report an arche. line in russia would be so much brighter if you knew all about song from feinstein christian. news from the start on t.v. dot com.

welcome back to spotlight i'll get out in just a reminder that my guest in the studio today is craig barrett the cochairman of the skulk about foundation counsel at craig vladislav surkov the first chief ourself staff of the russian president says i quote skulker projects should be targeting not only of the russian market but the world market and quote what is the russia's competitive advantage and does russia have a competitive advantage to go on the world market and try to compete. well the competitive advantage in any country the smart people in the smart ideas can come from the point but not yet commercialize this he said that's a commercial should

a person or and that's what's cocos or not because it's a twenty first century is the innovation century and then you have to take your smart people with your smart ideas and commercialize that into products and services and what you do that then you have to look at the big markets in the world and russian market is ok but the european market is bigger the u.s. market is bigger in the rest of the asian market and there's a scope of oh when we talked about it earlier he said it has to be virtual i think it has to be virtual reaching out into other markets besides the russian market that's an important part of what the foundation is trying to do so so actually actually the main job of skull come out and i like it if the series is to give russian brains and russian products a competitive advantage on the world market it's to give them the opportunity to bring products to market both here in russia and abroad yeah well that's a good they're good from this point of view it's

a very nice glad we agree with that and i quote from mr sort of course there was. a lot about a bad about skulk about we should he says convince private companies that the investment in skolkovo is profitable since the government investment is not sufficient are you succeeding in attracting private companies private investments quite i think if you look at school a couple you find that there are about ten big international companies are already committed to put research facilities in and around school can lead to one of these companies of these are the bowings the siemens the googles the intel's the ciscos those type of companies are committing to research in russia some of them already do. and research the company i used to work for intel already has a thousand researchers in russia but we're committing due to interact the scope of it was well so international companies plays russian companies as well and then

state owned russian companies but combination of those three categories. really pooling their research and having joint laboratory facilities they can use should be a multiplier effect on the research that they do and give russia some advantage will you mention cisco as one of the one of the big investors and i think this is the reason for those rumors about paul that's the so is who is from cisco that could replace the axle there gathered as the head of that is that after that's called the ok and the ruger russian businessman hugely millionaire made his name in california should now win generously investing in to start ups is he coming to school is he going to work with skolkovo story that's there's a lot of the want to talk about this but nobody know if this may happen you know we know you showed in your introduction governor schwarzenegger when he was still governor coming to moscow with a with

a large group of silicon valley venture capitalists and part of the school could walk pivot is really to to invite outsiders to invest in start of the activities either here or in fact as we said to present those ideas into other economies so we would be looking for venture capital from anywhere really to help commercialize the business here the venture capital business in russia there has been some of it but it is not nearly as robust not as strong as it needs to be so we'll have to have outside folks come in bring their expertise bring their their venture funds into the russian market to help and best. forty companies as far as i read in the papers i've already been registered as puts this it's part of the school project is the process of registration continuing of course i mean is the hope is by the end of the year to have somewhere between one hundred fifty and two hundred companies

registered as participants by the end of the year by as participant. and then a subset of that number will be in fact we ceding financial grants from the foundation to pursue their activities what should sort of businessmen cresent and the i mean i mean any guarantees papers know what to prove but to get their enterprise funded muskoka what you have to have is a smart idea it has to be technically competent after agree to some degree commercially viable so this is one of the reasons you have a a very senior technical advisory board people who can assess the technical merits but then you also want to look also at what the commercial or business aspects as well but that combination of the two no have you ever seen such a presentation i've reviewed is several of the it is it looks like

a couple of pieces of paper or is this like a one piece i mean in fact now the pages of one of the places the of the board. continues to fill these cocoa who have been distributors is keep it simple. cut to bureaucracy we're interested in content we're not interested in volume ok critics say that there is too much hot air pumped into into this kind of a project when will one will it produce some concrete results with this there will be critics of school coble until you start to see results but i i think you have to be very careful here because if you are expecting results by the end of the year for example that's probably too rapid to get a return on investment both really investing in research invest in new ideas start of companies it's going to take many years for those to be successful you have to have patience in this as well isn't isn't this idea of investing

today and getting results in. of years and teens three years five years isn't it the piece of cake for. the russian blue krantz. russian corruption is the people the people better use a used to making money buying by putting their hands on government money well. that's always a possibility but presumably skolkovo is putting in place names like peer review proposals and monitoring the work of those proposals and those companies were trying to use international benchmarks to judge these but i do want to emphasize that when you invest in basic research or start a companies you don't invest in expected results within the space of six or twelve

months in the united states when we invest in basic research for example we look at potential commercialization or payback in six to ten years. if you have a venture capitalist is that who's invested in companies they're usually investing or per period of four or five or six years before they expect a positive return well i because i guess this is the question that you were asking when you started what was called a book that many of your colleagues from from from the west are asking when they're coming to skulk around that that would have a big money all the big money projects in russia so far have have created for favorable conditions for corruption for which russia is notorious as we'll know so in skolkovo guaranteed against it and it should be because this is integration if it's corruption it's nothing new but. most of the effort will obviously go into small companies story. it's critical to the intellectual property rights to allow

those small companies to have protection for their ideas to having a viable place in the market so these are a couple the critical things you have to have there's also there's always talk about corruption not just here in russia you think there's corruption and many many other countries but but it's critical for people to be able to come and invest their money have minority shareholder rights or petro capitalist to come in to be minority owners have protection for their position protection for the intellectual property these are the basic requirements for buyable commercialization small companies with ideas to grow and russia is going to have to have that you said that russia should brains for national scientists are wonderful but in order to commercialize this what you are trying to get your productivity you want to think i'm trying to make this true is a difficult to find specialists inside russia people who can work on

commercializing the brains of the technologies and other such people understand well i think are they such people everywhere that understand them. arca place is the beauty of a start of is to take somebody who has a business commercial background and somebody who has an idea or a scientist or an engineer and you can put them together and this is what you see that happens wonderfully in places like mit or stanford in the united states where the universities where the smart people and smart ideas are or work very closely with industry and with venture capital people to commercialize those ideas and that's the chemistry we're trying to get as coca-cola carbonation you mentioned graduates one of my colleagues russian journalists talked to graduates are five. of them in the. log cabin me law school in russia nobody could say what's what's written in article one of the russian constitution not

a single person and i don't know either what i actually know about american this is something you have to recognize and so what do you think now the quality of recent graduates working if i say do you have the russian graduates in the technical fields i think are generally very good and the we have experience entails that experience with either you or national companies that experience without for for decades there's a great quote here and the weakness has been the. interface into the commercial sector and the ability to commercialize those ideas and do something with them and again that's what skolkovo is all about good luck with it and i wish you i wish you would make a great job with the save that you made with intel. we're going to give it a hundred ten percent so that's thanks a lot and just a reminder that my guest today was craig fehrman the cochairman of skull from the foundation comes that's it for now from all of us here if you want to have your say

on spontaneity we have someone in mind here being patient for you next time to drop me a line in calgary not at our t.v. dot ru and rescue the show interactive movie back with more from the comments on what's going on and outside russia and so then stay on tarty and take care thanks. chad.

yes. let us. go.