American Business Association of Russian Professionals

RUSSIA MAY BE AN OIL-RICH COUNTRY FULL OF SCIENTISTS AND TECHNOLOGISTS, BUT IT STRUGGLES There was a time not too long ago when the United States worried about Russia's spies getting ahold of Silicon Valley's tech secrets. Now, the Kremlin is eyeing an even greater prize: the valley's business model for success.

Like every other part of the world, the Russians want partnerships with valley tech companies and venture capitalists. They offered up their version of a road show during a two-day conference in Mountain View last week, making a pitch for investment in the oil-rich country that's also full of smart scientists and technologists.

To read more : http://www.mercurynews.com/business/ci_7448773?source=email