The governments of Russia and Azerbaijan have set their sights on further strengthening the close partnership currently enjoyed by the two countries. A number of initiatives are already being implemented: a joint action plan to boost cooperation in the agricultural industry, a partnership programme in tourism, and an action plan for the NorthSouth international transport corridor. Steps are also being drawn up to increase the number of mutual transactions in national currencies. What can be done to improve implementation mechanisms for major infrastructure projects in both countries? What problems are being faced by Russian and Azeri investors? What opportunities are starting to appear for small and medium-sized enterprises in the two countries? What are financial organizations and development institutions willing to offer businesses?
Improvements in the availability of drugs require implementation of such key elements of the system as smart selection, affordable prices, adequate quantitative assessment, and forecasting, timely procurement as well as proper storage and distribution. Over the past years Russia has significantly reduced the time it takes to introduce drugs into the market, while maintaining the quality standards, and taken measures to prevent the circulation of counterfeit products, as well as expanded the list of vital and essential drugs. Notwithstanding factors such as emergence of more expensive high-quality drugs, the expansion of the list of such drugs, and the support provided to domestic innovations, insufficient efforts have been made to improve the distribution and procurement operations and track the true efficiency of the drugs. Two key priorities for the strategy have been identified: introduction of insurance covering drugs and an increase in the state funding of drugs. The effective use of the funds largely determines the success of the National Drug Policy, and the quality of state regulation could be a major benchmark compared with the increase in costs. Should the growth in public investment be linked to greater state regulation requirements? How can the access to medicines be ensured? What difficulties do manufacturers, distributors, and doctors encounter when working within the government procurement frameworks and how can they be overcome? How much funding will be required to achieve significant results? How should targets be set in the National Drug Policy? What is the demand in the Russian domestic market for innovative drugs?
One guarantee for young entrepreneurs to successfully develop their business is the ability to build promising and advantageous connections on the labour market. Networking is an excellent chance to get acquainted with potential partners and like-minded people, share experience, and apply existing business communication skills in practice. The event programme offers a unique format for the synergy of controlled networking and education.
Digital Transformation of the Economy: International and Russian Experience in Digitizing the Transport Sector
Digital transformation serves as a driver of the scientific and technological development of Russias economy, laying the ground for its leadership in the global technological arena. The digitalization of Russias transport sector, which forms a key element of the international transport corridors connecting Europe and Asia, is one of the priority tasks set by the government in order to enhance the competitiveness of the economy and transit potential in particular. The introduction and scaling up of breakthrough, end-to-end technologies in the transport and logistics sector, including the use of artificial intelligence, will ensure Russias leading position in the global market in the near future. What government support mechanisms are needed to stimulate the digital transformation of the transport and logistics sector and what are the key trends in the sector? What international and Russian digitalization practices in the transport sector have been most successful? How can the application of end-to-end technologies, such as artificial intelligence, in transport and logistics supply chains enhance the countrys transit capacity? How can innovative digital solutions be adapted to the existing infrastructure?
OECD Standards on Responsible Conduct for Development Institutions
Today development institutions play a significant role in the global economy and international development. Projects of development institutions are exposed to traditional financial risks and non-financial risks associated with social, environmental aspects. Meanwhile, projects with embedded standards of responsible business conduct (RBC) are less likely to bring «surprises» for the investor. Responsible project financing is not only a factor in reducing costs but also a factor of investment attractiveness. The investment portfolio where there are demands for responsible behavior shows a return of 16.8% higher than the average global fund returns (MSCI World Index). At the session, the participants will discuss the current approach of different development institutions to RBC standards and possible ways to harmonize it and make it more efficient.
Objectives of the event:
1. To determine the effectiveness of responsible business conduct standards for VEB and other development institutions. How they make an impact on the sustainability of projects, investment attraction, export.
2. How can development institutions work together on RBC standards development?
Digital Transformation: A Death Knell for the Old World?
Intuition suggests that blockchain technology will transform the world. However, the technology is already more than 10 years old, and there are still no case studies. That is because in this new paradigm, old concepts no longer apply, and new ones are yet to form. Age-old notions, such as demand determines supply, or productmoneyproduct, have lost all meaning. Money is being printed without restriction, and is being sent in large and small amounts to wherever desired. This new world requires a transition from a growth model based on the current situation, to one based on planning. Blockchain technology is transforming the institution of ownership into an institution of relations. And the accelerating pace at which technology is developing is affecting management models accordingly. There is now a real need for a change management system.
Humankind is faced with a new set of challenges globalization, transformation, planning, and the pace of development. All of this calls for a transition from a kaleidoscopic view of the world through the distribution of labour and specializations, to constructing a complete mosaic of the world. That means categorizing the economy by platforms and moving to management based on modelling.
Is (Artificial) Intelligence Possible Without Mathematics?
The last decade saw spectacular progress in AI applications, with deep learning and neural networks outperforming many traditional approaches. However, the theoretical part of this revolution remains incomplete in many ways, with limited understanding of when and why machine-learning works, how reliable its decisions are, and what its limitations are. Mathematics has historically underpinned most of the progress in science and engineering. How could mathematical methods advance the state of AI and help uncover why it works in some cases and fails in others?
The Interstate Program on Innovative Cooperation among CIS Member States is being implemented in the post-Soviet space. Countries are training specialists in the professions of the future, introducing new educational and research technologies, creating intergovernmental networks of skills and the joint application of high-precision equipment, and contributing to building an economy in sync with the new wave of innovation. What are the opportunities for international cooperation within the framework of the digital agenda today? How is the labour market transforming in the realities specific to the CIS? What are the priorities for funding intergovernmental projects that aim to prepare for the economy of future? What role can industrial subcontracting, cooperation, and technology transfer play within the CIS? Is there a future for interstate high-tech clusters?
Is Providing Public Utility Infrastructure a Business or Social Responsibility?
The wear on public utility infrastructure in the Russian Federation has topped the critical 70% mark in the main utility systems such as water supply, wastewater management, heating provision, etc. This high percentage increases the risk of accidents and technological breakdowns and undermines the uninterrupted supply of services to the population. The entire system should be renovated within 25 years, which requires replacement of 4% of the network on annual basis. At present, this figure stands at around 1%, leading to an unavoidable annual rise in emergency and routine repair costs. Global experience has shown the effectiveness of resolving these problems partly by attracting investors. Which global practices in managing public utility infrastructure would work in Russia? What parameters do national and federal projects need to take into account to increase funding to the sector? What changes are required in legislation to launch efficient investment in public utility infrastructure? Can investors fully resolve the problem of retrofitting the networks?
Access Granted: Loyalty Rating of SMEs’ 50 Biggest Customers
Procurement by major customers of SMEs is effectively one of the key forms of support within the business community. In 2018 procurement from SMEs amounted to RUB 3.264 trillion, and it has increased by an average of RUB 1 trillion per year over the past four years. In 2018, the loyalty rating of the biggest SME customers developed by the Agency for Strategic Initiatives (ASI) in conjunction with the SME Corporation based on a survey of the All-Russian Public Opinion Research Centre was presented at the St. Petersburg International Economic Forum. A year on since the presentation of the first rating, ASI along with the SME Corporation is ready to present the results of the next rating. What has changed over the past year? Are there new rating leaders? What further improvements are required?
Russian-Japanese relations have recently been strengthened as a result of mutually beneficial collaboration under the Eight-Point Cooperation Plan, which was offered to Russia by the Prime Minister of Japan in May 2016 and served to establish high-level contact between the two parties. This development is not only stemming from the traditional sphere of oil and gas: cooperation is branching out. There are new collaborative projects in spheres such as medicine, urban planning, infrastructure and agriculture. Over recent years, the main focus of Russian-Japanese cooperation has been on IT projects and the digital economy. What new business models must we create to further strengthen Russian-Japanese cooperation? How can the digital economy help facilitate growth for both countries?
An individual trajectory is a personal path to realizing an individuals personal potential. Artificial intelligence technologies require huge amounts of data collected by the governments and companies. With the help of machine analytics, individual development paths, including for business, can be created. How can the culture of proactivity be nurtured and individual desires predicted? What are the ethical, organizational, and financial issues?
The Eurasian Economic Commission the regulatory body of the Eurasian Economic Union and the Association of Southeast Asian Nations signed a Memorandum on Economic Cooperation during the ASEAN summit in November 2018. The two integration associations have demonstrated a strong desire to deepen and expand trade, economic, and investment cooperation. Today, various mechanisms exist for interaction between the EAEU and ASEAN ranging from a free trade zone (Vietnam) to the Memorandum of Cooperation (Singapore, Cambodia, and Thailand). Business communities and key business associations have become actively involved in the dialogue. What opportunities and advantages does the EAEU offer for businesses and attracting foreign partners and investments, and how can ASEAN countries take advantage of this? Which sectors are the EAEU and ASEAN trading in today, and which sectors have the best prospects for the further development of trade? What are the main problems and challenges of developing trade and business collaboration between EAEU and ASEAN members?
The Role of Creative Industries in the Global Value Chain and Regional and Cultural Development
Creative industries are increasingly regarded as an important driver of economic growth which allows many countries and companies to infiltrate global value chains and simultaneously solve an array of social and cultural problems. Drawing on the UN-based approach, creative industries are essentially creating, producing and distributing goods and services grounded in creative and intellectual capital, where the economic value of the end product is connected to and corresponds to its intellectual (or cultural) value. Why are creative industries significant in the process of creating a global value chain, developing regions and preserving heritage? Which of the creative industry sectors are, in our opinion, most promising in terms of creating a global value chain, developing regions and preserving heritage? What are the main development trends in the creative industry, nationally and worldwide, as regards the creation of a global value chain and both regional and cultural development?
Young entrepreneurs face many challenges in building their own businesses, from difficulties in attracting investment to incompetent use of marketing and management technologies. Many people resort to various educational publications and courses to find solutions to these problems. In most cases, however, acquisition of new knowledge alone is not enough and a fresh look and advice from experienced experts is needed to apply it effectively.
Not for the Ladies? How to Combine Business, Family, and Beauty
Some believe that business is not for women. However, according to a MasterCard survey, 32.6% of women in Russia work in business, placing Russia fourth in the world. Moreover, women make up 72% of the civil service. Today, women are not just homemakers and mothers. The modern woman wants to combine traditional roles and build a career, engage in self-fulfilment, and be a professional and a leader, while remaining feminine and caring for others. Women raise children and take care of the household while running businesses and government agencies. They travel a lot and do business remotely. Some are still in search of a significant other, while some have gone through divorce and remarried. They are not superheroes, but ordinary women, like us. The only difference is that they have a much better idea of how to develop their business and skilfully combine different spheres of life. We will pose typical male questions to female speakers from the business world and business support infrastructure and reveal the secrets of how they manage to successfully engage in self-fulfilment while harmoniously combining their career and personal life.
Creation of Regional Ecosystems for the Formation of National Technological Leaders
The technology gap is often declared to be the main enemy of the Russian economy. Bridging technology gap requires addressing a number of issues simultaneously including technological renewal, digital transformation and penetration of new markets, export of products and technologies. These problems cannot be resolved without implementing fundamentally new, comprehensive educational and human capital policies for the next generation of engineers, inventors and technological entrepreneurs, who are the future leaders of technological development of Russia. Simultaneous to new policies businesses and the government should take a proactive stance towards talented young people. What should be done to support the next generation of scientific and technological leaders capable of providing technological breakthroughs in Russia? How can the war for talent be won as it relates to knowledgeable engineers and designers? How can effective conditions be created to apply public sector investment in talent for major technology corporations and industry? What mechanisms of efficient interaction between business and government are available to attracting young generation to high-tech sectors of the economy? Are there any legal barriers to implementing federal and regional innovation projects in the field of human resources policy? How could conditions conducive to effective implementation of new ideas, inventions and projects in Russia be created?
Awards Ceremony of the 6th ‘Creating the Future’ National Contest for Best Employer Practices in the Socio-humanitarian Sphere
Practically any business, whether it operates globally, nationally, or locally, has long since stopped arguing in favor of narrow, exclusively corporate interests. In the modern world, especially in the case of large corporations, the majority of companies arent just developing their business, they are aiming wider focusing on their sector, their market, the regions where they operate and fostering a charitable environment that aligns with the principles of a culture of cooperation. What tools do companies use for this kind of development? What kind of issues do they focus on, what is the scale of their work, and who are their target audiences?
How can you fully unlock your potential? How can sport help change your worldview and outlook on business processes? How should mind, body, and professional skills be attuned to achieve ambitious goals? Some forms of business require a certain combativeness, while others require steadfastness. In other areas, speed may be more important, or indeed, survivability. Sport can help people develop and demonstrate these qualities, and prepare them to face potential challenges in the future. A sporting competition is a community of people, and today you can find your next employee, or partner, on the race track. Sports not only help cultivate life skills, they can also provide an indication of the aptitude of current and future colleagues. Sport brings people together, and is fast becoming a new networking tool in business.
The existing legal and intergovernmental framework relating to the economic activity in the Eurasian space has laid the foundations for broad public involvement in the common digital space. Identifying and removing barriers to digital cooperation is the key objective to reach on the basis of established trust relations within the Eurasian Integration Space. What should be Eurasias digital cooperation in the future? What are the challenges facing Russia and other EEU members in the digitalization of international trade? How can foreign investment be attracted in the digital economy age?
Start-Ups as Catalysts of Transformation in Education
The existing education systems lag far behind the needs of both society and the market. New, more flexible providers of education services are on the rise to fill the gap. Meanwhile, there are innovations taking place within the formal education systems that aim to meet the challenges of the times and improving practices. Specialists involved in the development of education are split over the three-dimensions of education education as a service, a common good, and a government policy. Another group of actors in this system is becoming increasingly active state support institutions, funds, education «greenhouses», and accelerators. How can the education ecosystem evolve and what is the contribution of various actors (teachers, managers, and businessmen)? How can we ensure the integration of new practices into existing educational structures? What support is needed by the start-ups and what kind of projects are investors looking for? Who can serve as an angel investor for education start-ups? Who are the mentors, evangelists, and ambassadors?
Flying to Russia: Tourism Industry Development to Boost Welfare
The appeal of Russia and its regions as a tourist and business travel destination has been growing by the year, and recently held global events have opened up Russia for millions of people. The President of the Russian Federation has stressed the importance of the Russian regions as tourist destinations. Moreover, simplifying visa procedures based on the positive experience of the 2018 FIFA World Cup is under consideration. A new tourism development strategy is necessary to successfully grow export of tourism-related services, which requires both dismantling entry barriers for tourists and creating a unique platform in Russia. How can the existing tourist infrastructure in Russia be improved by drawing on global best practices? What unique events and megaprojects can attract tourists to the country on a regular basis? How could entry be facilitated, including simplifying visa procedures? How could Russia and its regions become a more competitive player in the tourism market?
Building Big Asia: from trust in people to trust in economies
The countries of Eurasia are actively applying existing and developing new trade, legal, and technological tools for deepening their economic integration. Successful economic co-operation is based on trust in people. Common social, cultural and scientific perceptions smooth out existing disagreements and form the foundation for mutually-beneficial integration in spheres of common interest. Trust in the national economies of Eurasia manifested through trust in people might trigger creation of economic values, bring them benefits from synergy and become their crucial competitive advantage within the global economy.
What values unite the peoples of Eurasia? How can trust in people make the transition rationally to national economies? What could the institutes of civil society do to create an atmosphere of trust between business and authorities?
Digital Solutions for the National Education Project: The Experience of the Russian Textbook Corporation
Presentation of the technological capabilities of the Lecta digital school environment, the target audience of the Rosuchebnik.Ru resource, and the principles behind creating digital educational materials. Digitization of the learning process is a global trend and a prerequisite for the modernization of the entire educational sphere. The state need not, however, spend taxpayers money on the creation of all the necessary services. Experience shows that private sector players can easily cope with this task.
How to Cheat Time: New Approaches in Preventive and Anti-ageing Medicine
An ageing population is becoming one of the most significant social transformations of the 21st century. Russia has set an ambitious goal of joining the club of 80+ countries, to increase life expectancy to 80 years by 2030. Only 20% of our health is dependent on our genes; everything else consists of biological factors that we can influence. At the same time, not everything and not always depends on the state alone. Preventive care, timely diagnosis, adopting gold standards of treatment, healthy lifestyle, responsible attitude to ones own health are key elements of preventive medicine, which not only make it possible to achieve the goal of 80+, but also significantly reduce the governments expenditures on the treatment of diseases which can and need to be prevented. Today we have to talk about the quality of life, not just its expectancy. Only an increase in the duration of a quality life can affect economic growth. For the first time the state programme features such indicator as an increase in a quality life expectancy. What are the advantages and disadvantages of the modern approaches of preventive medicine? Which government programmes are aimed at achieving the 80+ goal? What does science know about preventing age-related changes?
Demand for economic data is undergoing explosive growth, and public authorities are increasing their expectations for both quality and speed of delivery of the official statistics, as well as generating additional sources of data to take timely and strategic decisions. Statistical data is fundamental to assessing effectiveness of government initiatives and informing HR-related decisions. Will traditional statistics or big data operators be best equipped to meet the new demands posed by business, government, and society? How will the digital revolution change approaches to assessing key socio-economic indicators? What risks are associated with the new data? Which of the new approaches in the official statistics should be adopted in Russia as a priority, and which require further testing?
Business and Government: Problem Areas and Potential for Synergy
Both active economic policy supporters and operating entrepreneurs discuss the way business perceives state economic agenda: which are the potential problem areas and how leading Russian businessmen can come up with possible solutions for speeding up Russias economic growth. Which fiscal policies can be improved to make conducting business easier? Which mechanisms, both institutional and regulatory, are required? How can mass bankruptcies be avoided? How can the state promote entrepreneurship?
How to Become One of the World’s Top Five Economies: Solutions for Russia
Russias aim to become one of the five largest economies in the world by 2024 is not just its central national socioeconomic development goal, it is also a guarantee that income and standards of living will resume growing across Russia. To achieve this goal, the Russian economy needs to grow at a rate higher than the world average and grow independently of the export of raw materials to stand in line with the most developed and modern economies in the world. How can this growth potential be realised? Can any Russian or international experiences implementing active stimulus policies be applied in Russia today?
A Proactive Immigration Policy as a Tool for Development and Attracting Investment
Over the medium term, the Russian economy is expected to see the size of the working-age population decline by more than 3 million by 2026, with about 400,000 people leaving the workforce every year. At the same time, Russia continues to be a donor of highly skilled workers for economically developed countries. Immigration flows are not fully capable of meeting the needs of the economy, including future needs for skilled and highly skilled professionals. In the long run, unfavourable demographic trends and changes in the structural needs of the labour force impacted by new technologies will increase the imbalance between supply and demand and stimulate new mechanisms to meet the needs of this market. What measures can contribute to accelerated technological renewal and the development of the Russian economy? How can high-performance jobs with decent wages be created? What changes does Russian immigration legislation require to attract highly qualified foreign specialists to the country and retain them on a permanent basis?
Awards Ceremony for the Winners of the 16th ‘My Country – My Russia’ National Contest
The My Country My Russia contest was first held in 2003. In 2019, it was included in the Russia, Land of Opportunity platform, set up upon the initiative of Russian President Vladimir Putin. The competition is known throughout the country. Over the past 16 years, it has involved more than 90,000 people with projects aimed at developing Russias regions and local communities. This is a truly effective, positive and open civic initiative aimed at creating conditions for formation of civic identity among the younger generation and taking up active and responsible roles in addressing local problems of socioeconomic development faced by various territories (Russian cities and villages) and strengthening Russias state unity and integrity. In November 2016, the Alumni Association of the My Country My Russia Contest was established. The project is being developed at the conjunction of three main components: youth policy, education, and civic participation in the socioeconomic development of the Russian regions.
How to Raise New Technological Leaders? An Effective Model of Interaction Between Corporates and Start-Ups
At present a number of major Russian companies are lagging behind their foreign competitors in terms of efficiency, often due to a slow uptake of advanced technology solutions. Resulting from this low demand by major businesses, many Russian technological entrepreneurs are struggling to commercialize their inventions in Russia and end up looking for clients abroad. What do technology start-ups need? Which technologies are demanded by major corporations and state enterprises? How can more efficient mechanisms of interaction between corporations, entrepreneurs, and the state be created? What technological development models of major corporations have proven to be effective?
Demography as a Factor in Global Politics: Current Trends
The demographic problem is not limited to the birth and mortality rates. Population replacement, changes in its structure, the increase in life expectancy, and migration are becoming fundamental issues in the development strategies of most countries. Non-standard and systemic solutions are moving to centre stage. What kind of opportunities are opening up due to the fact that the population is ageing, and how can high growth rates be maintained? What measures can boost the birth rate and reduce poverty? How much can supporting women increase economic activity in general?
Technological Leaps and 21st-Century Skills: Creating a Favourable Ecosystem
The future belongs to the economies capable of effectively and technologically transforming scientific and entrepreneurial ideas into industrial prototypes that then make it into markets. Nurturing and advancing promising viable ideas; shaping innovative, cutting-edge industries that can quickly translate an idea into an industrial prototype and scale it; developing market (consumer) infrastructure; and attracting talented individuals are all vital elements to the creation of a technological leap-friendly ecosystem. How can government investment in talented individuals have a large effect on major technological businesses and industries? Can corporate partnerships become the norm for relationships between business and education? How can we create conditions where new ideas, inventions, and projects can be brought to life in Russia with maximum impact?
Implementation of National Goals for Transparency in the Digital Reality. Open Debate
A governments willingness to be open and share its data is a crucial component of the digital economy. One of the tasks of the digital movement is increasing access to different types of data for key stakeholders, such as businesses, NPOs and various state bodies a path that Russia has already embarked on. Much attention has been dedicated to the issue of whether the national goals enshrined in decree No. 204 have been met, and statistical data tends to be out of sync with peoples perceptions. How can people be made more aware of the national goals entitled Five steps to transparency? Statistics vs BigData: what data does the economy need? How can data serve humankind?
Russia in the Caspian Region: International Trade Prospects
The Caspian region shows great potential for successful social economic growth. The Caspian Sea, with its rich natural resources and strategic position between the Caspian territories and the Persian Gulf, provides rich opportunities for regional development. Though the global sea trade continues to grow, the potential for cooperation in the Caspian region is not being utilized to its fullest potential, as the volume of cargo flowing through Russian ports decreases each year. Potential solutions include attracting Iran to the free trade zone, developing maritime cooperation with Azerbaijan, Kazakhstan, and Turkmenistan, and ensuring transit through those territories to the countries of the Persian Gulf and Asia. By increasing the cargo turnover through the Caspian Sea, Russia will boost its competitiveness, strengthen its geopolitical and political presence in the Caspian region, and develop sustainable economic and cultural ties with the Caspian states. What are the prospects for increasing the cargo flow through the Russian Caspian region? Is it possible to create a sustainable and mutually beneficial transport and logistics corridor with the other Caspian states? What are the prospects for passenger transport development in the Caspian region?
Skills of the Future: What to Learn and How to Teach
The future content and process of learning will be substantially different over the medium term. To grow talent of the future, we will have to revise our understanding of human development and the educational system. How should a person be taught today in order to be successful in 2050? What skills need to be developed in an era of uncertainty and chaos? How can a young professional engage in full-fledged life-long learning and develop the skills of the future after graduation? What should the university of the future that prepares people for real life look like?
Role Played by Young Scientists in Implementing International Scientific and Technological Projects
A globalized economy requires global cooperation: there is no purely country-specific challenge or national science, and international teams are capable of producing much more effective solutions and approaches to scientific problems. How can communities of young scientists from different countries address global challenges and what role can they play in shaping the sustainable development agenda?
Personal Experience: From Start-ups to IT Market Leaders
Information technologies increasingly define todays social and economic development. Far from being restrained, the spread of IT is welcomed in all sectors of the economy. The demand for IT specialists has not declined for several years and the number of technological start-ups is growing as well. Yet not so many beginners manage to take off, demonstrate efficiency and gain a foothold in the market, with the survival rate of new projects not exceeding 10 per cent. Often the reason is that the founder does not have an impartial view of the IT market, including its rules, problems, and understanding the specifics of doing business. By focusing on online media, motivational forums and impressive success stories, the vision for ones own IT project can get distorted. One can learn, understand and fall in love with ones start-up only by overcoming difficulties, tripping over and rising, making mistakes and setting clear goals. What path do IT companies have to take before they become truly successful? What problems can one typically face at different stages of business development? What kind of life hacks, advice and recommendations can be addressed to those who are just entering the IT market with their start-ups?
Digital transformation provides an increasingly competitive business environment, and companies are developing new products based on data and devising more efficient ways to communicate with the customers. Development of digital platforms, such as social networks hosting small and medium-sized businesses, pose a certain threat to companies pursing a classic business model. Will social networks become the main platform for business creation and for whom? What business opportunities will appear in the near future? Can social media compete with various marketplaces and online stores? Can social network-based payment systems, such as VK Pay, pose an alternative to bank cards?
International youth model for attracting investment ‘Russia and the world: creating competitiveness 4.0’
Attracting investment is one of the key conditions for achieving sustainable economic growth; investment helps to accelerate technological development, boost the quality and competitiveness of products, and develop surrounding infrastructure and environment. The youth investment attraction model is an interactive game for students, young professionals and entrepreneurs interested in investment policy and technological cooperation between countries. The model strives to involve young people in exploring investment appeal, developing international economic relations and implementing the countrys social and economic development strategy.
The key goals of the model are:
• To study the experience of Russia and other countries in attracting investment and developing innovative potential in a changing technological landscape
• To analyse the opportunities and challenges of international cooperation faced by countries in the context of the Fourth Industrial Revolution
• To find new ways to collaborate with foreign partners in developing the countrys economy and strengthening international economic relations.
Investment in the Highway Infrastructure Providing New Growth Opportunities for the Russian Economy
The quality of the road infrastructure has a direct impact on the operation of a countrys economic system. Strengthening inter-regional collaboration requires roads; therefore development of the road infrastructure using modern materials is among the key development objectives of Russia. New technologies allow reduction in the costs of road construction, maintenance and repair and substantial increase of their operational life. New technologies for building cement roads and cement reinforcement of soils have the potential for a fast development of a modern and high-quality road infrastructure in Russia. What is inhibiting this process today? When will cement highways appear in Russia and what are the potential downsides of this technology? What impact could the implementation of such projects have on Russias regions and individual companies?
Up and Up: Preparing Leaders That Don't Just Change the World, But Make It Better
Currently, one of the key goals of socioeconomic development is fostering human capital capable of making effective and targeted economic and technological breakthroughs. In todays unstable environment, which shifts rapidly between development trends, there is demand for all levels of specialists with diverse competencies, capable of applying their skills under new conditions and in unanticipated situations. At the same time, a separate challenge is developing human capital in such a way that people not only have the mental skills and training to solve professional problems, but are also capable of taking responsibility for global development of anticipating challenges, evaluating risks, and making decisions focused not on local achievements, but on long-term effects, taking humanitarian aspects into account. What is a social elevator? How effective are social elevator models in Russia and abroad? How is Russia becoming a land of opportunity? What is global responsibility and how can it be included in management models? Thought leaders from the cradle: when should we start preparing tomorrows professionals?
Exponential Organizations: Hype or Today’s Business Reality?
There are examples of startups that have demonstrated explosive growth, becoming world-class companies in just a few years. At the same time, the organizational structures of most companies remain linear. The time has come to scale up the organizational strategy, processes, culture and people. Are manufacturing companies able to replicate the success of global IT giants? What are the skills of the managers of the future?
The Challenges and Prospects of Youth Entrepreneurship
Youth entrepreneurship draws a lot of attention today. Employment of middle and more senior youth in sectors affecting human capital development is decreasing. The young generation is seeking to develop new competencies and is able to adapt quickly to the changing environment. What are the best practices for boosting youth entrepreneurship worldwide? What should be the youth economic agenda? What work needs to be done with young people to boost their economic activity? What are the challenges particular to involving young people in small and medium-sized business?
Business Education Today: Why does the New Generation Need an MBA?
Why is it that successful people continue to study? Whereas a degree and work experience used to be sufficient to build a successful career, todays market has brought with it higher requirements. More and more often, leaders at the helm of various companies and projects are coming to realize the necessity of not only developing their hard skills, but soft skills, too. Indeed, it is soft skills which are become ever more crucial. In an era of slowing business growth, a new type of leader is needed, one who can manage change, identify radically new opportunities, and direct horizontal organizations. This is where business education and an MBA programme comes in.
From Things for the Soul to Business With Soul: How to Develop Social Entrepreneurship in Russia
Social entrepreneurship as means to mitigate and resolve social problems by implementing sustainable business models has great potential in Russia. There is a growing number of self-motivated, entrepreneurial and socially aware people who want to change the status quo and are ready for entrepreneurship «with a purpose». Are social entrepreneurs dreamers or realists? Is it possible to build a sustainable business and simultaneously address problems of society? What opportunities should not be missed and what mistakes should be avoided in social entrepreneurship?
The invest session platform will provide young entrepreneurs with an opportunity to present their projects to an expert council and potential investors and also get feedback from people who invest directly in start-ups. Events of this format help start-up entrepreneurs from the IT sector find the means to develop their business.
correspondence preparation of participants projects for presentation to an expert council
Open Dialogue ‘Technological Entrepreneurship – A Trend for Young People’s Self-Fulfilment. The Price of Leadership and Responsibility’
This year Russia has been experiencing a start-up boom as the number of early-stage business projects is growing rapidly, entrepreneurs are becoming idols and benchmarks for hundreds of thousands of young people across Russia and globally, and the scope and volume of venture capital investments is increasing. Globalization as well as access to information and technologies allows us to generate and implement a wide variety of innovative ideas. This helps to improve peoples quality of life, but owning a business entails certain obligations that not all young entrepreneurs can meet. Assessing the risks, responsibility for a business team and customers, the impact of business decisions on regional economy, and social responsibility and many other aspects that should be taken into account are among the issues that will be addressed during the session. The panellists will also have an opportunity to discuss the best ways of coping with business responsibility and where to look for support in the initial stages.
Modern technologies make it possible to communicate with the customer more efficiently and faster, and digital promotion is becoming a strategic tool for most businesses. How can digital marketing be used in the banking sector? What are the most promising channels and tools? How can the target audience be engaged and retained?
The Effects of Volunteerism and CSR Programmes on the Effectiveness of Companies and Employees
Practice has shown that the most effective large companies do business guided by the principles of corporate governance and corporate social responsibility (CSR). The corporate governance system is vital to ensuring that enterprises and organizations are attractive to investors and are capable of adapting to global shifts on macro and micro levels. CSR principles facilitate building long-term loyal relationships with clients, employees, and other social stakeholders. In the long run, they affect the competitiveness of business in both domestic and international markets. Systematic CSR programmes directly influence companys economic indicators and transform regional social landscapes. Corporate volunteerism programmes make up an important part of CSR. For companies, they serve as an irreplaceable tool for advancing corporate values, increasing employee cohesion, and strengthening horizontal ties. It is a way to retain valuable employees and is an effective non-financial motivation method. Corporate volunteerism helps build strong relationships with government agencies, third sector institutions, local communities, and media organizations. Despite many large media organizations scepticism towards corporate volunteerism, the social trust in the phenomenon grows. An increasing number of traditional and new media organizations are starting to pay attention to social responsibility in business. However, not all employees see external coverage of their work as something positive. How are CSR programmes affecting companies economic indicators and transforming lives in the regions? How can volunteerism programmes help shape HR strategies? Is it always necessary to share information about volunteer projects with an external audience to maintain a positive social image?
Horizon 2100. How do Young People Envisage the Future?
Young people the most important strategic resource for development in the twenty-first century are rapidly changing the face of the modern world: they are developing and implementing social and economic innovations, while making scientific discoveries and technological breakthroughs. It is young people who will replace the older generation and create the roadmaps for development scenarios for the country, civilization and the planet as we move into the future. And in many respects the successful implementation of these development scenarios depends on how members of the younger generation envisage the future with optimism or pessimism and on how long and to what extent they can hold onto this vision.
From hobby to start-up and successful business. How to build your business in sports
It all started with an ordinary hobby at the age of 16, and in two years, the hobby had grown into a business and united thousands of like-minded people. A graduate of the SKOLKOVO Startup Academy programme shares her experience in building a business: from the birth of the start-up idea and survival on the market to relations with rivals, failures, victories, and life hacks.
Pharmaceutical Innovations and Healthcare: What Changes Are in Store?
The search for drivers of innovative development: what causes new and particularly outstanding drugs to be created, and what leads to the development of new markets and changes the structure of old ones? What does it mean to be competitive in the fields of pharmaceuticals and education? How may we synthesize education, business, and science?
Accelerated Development in Russia: Implementation so far and Growth Prospects
To date, one of the key tasks of socio- economic development of Russia has been the creation of a system for acceleration of small and medium-sized businesses, including individual entrepreneurs. This includes development of infrastructure and supporting services, as well as accelerated development of SMEs in areas such as urban development, R&D, innovation, the social sphere and ecology. The main advantage of the accelerator is the possibility of accelerating time: with the help of expert advice, access to a broad base of contacts and a detailed programme, the entrepreneurs can develop projects much more intensively, achieving the planned results up to a year early, often within a few months. The accelerators task is to debug business processes and scale up the business, i.e., to create the backbone for further development of the project and for attracting substantive investments. The investment market is growing across a wide range of industries, and the goals have been set to develop successful cooperation between the state and business within a framework of a national project, to identify the most successful practices and to roll them out. What is an accelerator? What types of acceleration programmes are available and what is their segmentation? How can Russia become the worlds leader in acceleration methods? What are the examples of successful cooperation between business and government in acceleration of entrepreneurs? What is the international experience and what are the latest trends? How is business being fostered in the worlds leading clusters? What types of acceleration in Russia already have positive results? What indicators of growth for small and medium-sized business development can be achieved together with the help of proven practices?
Higher Education Institutions and Business Community Joining Forces in Support of Youth Entrepreneurship
Collaboration between higher education institutions and business community is key to successful innovations in the economy and development of social sector and youth technological entrepreneurship in particular. The world has longstanding experience of commercializing innovations and introducing them into the market. By building strategic partnerships with institutions of higher education, business community is supporting a range of activities starting with R&D to implementation of technologies in practice. Support for youth technological entrepreneurship allows large businesses to both mitigate risks of technological developments and to attract talented young entrepreneurs. What place does youth technology entrepreneurship occupy in the development of the innovation economy? How is the ecosystem for supporting youth entrepreneurship shaped at the levels of the state, regions, municipalities and business communities? What are the approaches, programmes and mechanisms for encouraging youth entrepreneurship? What role does collaboration between higher education institutions and the business community plays in supporting and developing youth entrepreneurship?