but i will come back appalls russia recognizes libya's transitional council as a functioning will follow she says made his approach to bring down feet violates of international meanwhile the so-called friends of libya conference is held in paris to discuss the countries to chop. them all bells ring across the year as a bailout sample employee government declares its economy's accounts of control that's portugal analysis your pony and you'll see measures to deal with its debts.

u.k. phonies pressure the media to handover wolf is usual this ride's promise in court and should avoid calls does don't comply. commemorates the painful suffered on of us or the best out of school siege that shocked the country of well when more than three hundred people were killed in a. small i says that's an algorithm all thanks to intel corporation's craig barrett she's now chairing the school foundation council rushes on bishop's animation projects. hello again the welcome to spotlight the interview show. i'm al green of and today my guest in the studio is cray that. this innovation center created

and promoted by president that video has gathered the best of the best and its management class here the living legend intel corporation craig barrett joined the 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 foundation council craig barrett is my guest on spotting. the skolkovo innovation centers the favorite child of the russian president dmitri 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 this year euclid acknowledges telecommunications energy efficiency and by medical technologist are in the spotlight and skulk about and many company managers believe the result of today's investment in some areas will

soon be evident. oh mr perry thank you very much for being with us my pleasure to be with you first of all there are rumors that mr prong bence's from russian division off kisko could replace viktor vacs so they're going to the head of the foundation is there is there any ground for these rumors can you comment so i have no idea what you're talking about in that idea ok well we'll have some more rumors later but now i have a quick. about the word well why did you agree and the first place to go to chris culliver you say you have always been interested in international competitiveness this is your country the united states needs big and powerful high tech competitor 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 i rush as 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 that research and that's a problem that many countries face and i think there's a great experiment going on here in russia on the twenty sixth of april from the mistake so when then the help of a pro president medvedev he how did meeting with the skulls of the people 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 from the existence of i think there are a number of achievements of the mechanics of the operation of skolkovo are pretty

well worked out in terms of what it's trying to do how it's going to to have to do that. the the operating structure of the technical advisory board we're already making grants to small companies and startups. skolkovo very much acting in a virtual fashion right now later on it will become more physical as the structures get built the buildings are built but people occupy the buildings but the most important thing for skolkovo overall. to get up and operational and that's happening in a very virtual mode right now you're mentioning this virtual skolkovo people speak a lot about this virtual skolkovo which really does exist it isn't yet on the ground it is of the virtual skolkovo is working it is making money it is making lots of p.r. as we say what's your comment did you like this version and do you think maybe you

should remember should the world you said it's making money i think it's spending not making money possibly survive. so the board for the school cool foundation said very early on that the virtual ass back of school cobol was going to be as important as the political aspect and you really have to include all of russia if start just a piece of real estate near moscow it has to reach out to universities in oxford or all across this is what we call virtual this is really reaching out across the country without a physical it's not also your location 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 how which is being developed on the outskirts of moscow just mentioned by my guest has been growing quite a bit of international attention spotlights you know the media has more in that.

over a year after president they're going to announced plans to create the so-called russian soup and it has already attracted quite a number of major foreign investors and not here microsoft siemens only n.c. scott have signed cooperation agreements with. the russian innovation center has hosted some top u.s. officials including the governor of california arnold schwarzenegger and he wants a vice president joe biden and it was the former u.s. secretary of state condos or. rice wants to visit first when she came to russia after leaving office if russia becomes a place in which. the knowledge based economy becomes the basis of russian power in the international system 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 now i'd see more french

architects that arab company has won the competition for the hearts design the bird's eye view of the center will resemble the giant part of why one of its wings will host research centers dealing with nuclear medical and energy efficiency standards while another will be devoted to information technologies and space research as for residents of the part of why she part they will receive a wide range of proven she is among them terms breaks and start of grants this year alone three hundred in so to me when jews do is with grants will be disbursed to school participants. craig you're smiling when you're watching the special what makes you smile they do this is such a such a pleasant really think to be part of it or. i think it's very positive the images show a lot of important people and governor schwarzenegger and steve balmer and condi

rice so you know. there's been a good job of press relations this is it's fun 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 that skolkovo is not a success independent of how many important people you have for a person would have said recently quote skolkovo. has become one of russia's best known and best understood brands everyone must know and quote the world skulk ago is it a brand is it already recognised abroad in the united states for example. quite a few people in the us recognise coca-cola in when i was with the president today he was a company in that only forty percent of the russians recognizable people and he thought that that was poor brand recognition i tried to remind him that 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 already so i think it's making progress even though very little has been spent on it. in town in some way you were see was one of the companies was one of the brands which gave name to the silicon valley of the united states because because your work is one of the one of the businesses that really creates it the whole business of the health and much of the silicon valley well do you think that there is sort of kind of technology. maybe there are some products that can make russia competitive world wide what knowledge which drives well the five areas the school was really pokus in on or

biotech alternator and energy by the. new career 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 cool couples on about whether it's new materials new software cures for cancer all of these are possibilities it's really difficult for to say this is the product. it's going to come out of a start up. you know most start of stone step see if you look at silicon valley only ten percent or so of the ideas that get funded good to 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 and when i was a didn't know we had a workforce and rush of about a thousand engineers they're fantastic but they are really top of the class in the

world in terms of applied mathematics and computer algorithms there's a huge opportunity to take their talent and turn that into products he said commercialisation. of the wonderful talents engineering scientific tell and that's where 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 evil i know it's well most people with us and what they want in life they say i want a good education for my children. i want a growing economy i want to good paying job and i want to nice environment to live it no matter where i go in the world they say all of those four things if you want to grow the economy you want the jobs you want to good education and you have to

have something you're concerned and you want to commercialize you you want your ideas and grow your customer through commercials ation of high tech products high tech services is the twenty first century certainly russia has rich natural resources oil and minerals forest products but i think your president your prime minister of turkey guys have to diversify your father being a 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 skull covenant foundation spotlight we'll be back shortly after we take a break so stay with us we'll continue this interview can with.

their club whose child was a shuttle and by this tragedy. they still feel the fear they face. and remember every second of the slightly. different remain in their memories and hearts forever. i'll bet you saw. anderson. a little angel on a large sheet. welcome

back to spotlight i'm out in alvin just to remind you that my guest in the studio today is craig barrett the cochairman of the skull canal foundation council and craig vladislav surkov the first pretty chief of staff of the russian president says i can't skulk our projects should be targeting not only 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 with a competitive advantage in any country the smart people in the smart ideas can come from the people but not yet commercialized that's what you have to do merge with

should have a personal and that's what's cocos or good about is to me it's the twenty first century is the innovation century. and you have to take your smart people with your smart ideas and commercialize that into products and services and once you do that then you have to look at the big markets in the world the russian market is ok but the european market is paper the u.s. market is going for her and the rest of the asian market is bigger so skolkovo when we talked about it earlier said it has to be virtual i think it has to be virtual reaching out into other markets and sides of the russian market that's an important part. what the plantation is trying to do so actually actually the main job and i like it if he's serious 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. from this point of view it's a very good i'm glad we agree that another quote from mr sort of who was who is. says a lot about a bad skulk about how 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 heidi i think if you look at skolkovo you find that there are ten big international companies that have already committed to put research facilities in and around spoken to leave one of these companies all of these are the bowings the siemens the googles the intel's to cisco's those type two companies are committing to research in russia some of them already doing research the company i used to work for intel already has a thousand researchers in russia but we're committing to interact with school couple with well so international companies playing russian companies as well and

then stayed on russian companies become a nation of those three categories. willie 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 them and they get investors and i think this is the reason for those rumors about poor that's is so is who is from cisco that could replace the axle together as the head of that is that have that's ok and the rumor russian business been hugely miliard made his name in california should have been generously investing in start ups is he cutting cisco is he going to work with skolkovo start ups there's a little lot of talk about this but nobody know if this may happen or not we know that you showed in your introduction governor schwarzenegger when he was still

governor coming to moscow with or with a large group of so can valley venture capitalists and part of the skolkovo octavia is really to to invite outsiders to invest in start of activities either here or in fact as we said to translate 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 and their venture funds into the russian market to help and rest. for tea companies as far as i read in the paper is never really been registered as put this insist on this how the school project is the process of registration continuing of course i mean is

that the hope is by the end of the year somewhere between one hundred fifty and two hundred companies registered is probably disadvantaged by the end of the year by as participate. and then a subset of that number will be in fact receiving financial grants from the pound asian to pursue their activities what should. businessmen cresent and they need me i mean guarantees papers the what to prove to get their enterprise funded by school what you have to have is a smart idea it has to be technically competent it aster be to some degree commercially viable. and 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 the commercial or business aspects as well but that combination of the two 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 seven hundred thousand pages are. one of the things the board. continues to tell the skolkovo administrators is keep it simple. cut the bureaucracy we're interested in content we're not interested in volume ok critics say that there were there's too much hot air pumped into into this culture a project when will one will it produce a 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 school called those really invest in research invest in new ideas start up companies it's going to take many years for those to be successful

we have had patients in this business well isn't isn't this idea of and the best thing today and getting the results in. of years and teens three years five years isn't it's a piece of cake for for the russian group krauts. russian corruption is that people with people better use a use to making money by putting their hands on government money and well. that's always the possibilities but presumably is coco's putting in place things like peer review proposals and monitoring the work of those proposals and those companies we try to use international benchmarks to judge these but i do want to emphasize that when you invest in basic research or start a company's you don't invest in expect we salts within

a space of six or twelve months and the united states when we invest in basic research for example we look at a potential commercialization or a payback in six to ten years. if you have a venture capitalist that who is investing in companies they're usually investing oprah period of four or five or six years recorded expect a positive return well because i guess this is the question that you were asking when you started what was calcutta that many of your colleagues from from from the west are asking when they are coming to school cover that that would have a big money all the big money projects in russia so far have have created favorable conditions for corruption for which russia is notorious as we'll know so is culpable guaranteed against it and it should be because this is integration if this corruption is nothing new well. most of the three will obviously go into small

company stores and. it's critical to intellectual property. 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 of russia you finish corruption and many many other countries but good and it's critical for people to be able to come and invest their money have minority shareholder rights for venture capitalists to come in and be minority owners have protection critter position protection for the intellectual property these are the basic requirements for a viable commercialization small companies with ideas to grow and russia is going to have to have their you said that russian brains and russian scientists are wonderful but in order to commercialize this what you are trying to do your part of it you want to think i'm trying to make this true is it difficult

to find specialists inside russia people who can work on commercializing the brains of the technologies how does such people understand the world is i think are they such people everywhere that they understand them. are complacent the beauty of a startup is to take somebody who has a business commercial background and somebody who has an idea a scientist or an engineer and get them and 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 our work very closely with industry and with venture capital people to commercialize those ideas and that's the chemistry we're trying to get this cocoa combination you mentioned the graduates one of my colleagues russian journalists talked to graduates all five . of them. launchpad me law school in russia nobody can say what's what's

written in the in article one of the russian constitution not a single person and i don't know either but i actually know about the earth and it's something about the american i just so what do you think now the quality of recent graduates. i say. of the russian graduates in the technical field i think or then we have very good and we have experience in tells that experience so that other you know national companies that experience without for for decades there's a great quality in there. 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 i wish you make a great job of the save that you made with intel. we're going to give it a hundred ten percent that's thanks a lot and just a reminder that my guest today was craig barrett the cochairman of sculptor the

foundation comes that's it for now from all of us here if you want to have your say on spontaneity or have someone in mind here think patience we next time to drop me a line in calgary not at party t.v. dot are you and that's good michelle interactive will be back with more for some comments on what's going on in and outside of russia until then stay on target and take care thanks. chad.

that's.