Russia buiding its own 'Silicon Valley'

Russian president Dmitry Medvedev flew to California this week to drum up support for his country’s attempt to build an entrepreneurial enclave just outside Moscow.

He met with California governor Arnold Schwarzenegger on Tuesday, and plans to meet with the founders of Twitter, as well as Google CEO Eric Schmidt, before meeting US President Barack Obama in Washington D.C.

Over the past four months, Russia has been building it’s own version of California’s Silicon Valley, called the Skolkovo ‘innovation city.’

“I want to see how things work on Silicon Valley.

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