The Indian School of Business (ISB) signed a Memorandum of Understanding (MoU) with Moscow School of Management SKOLKOVO at its Hyderabad campus to strengthen Executive Education and Research in Emerging Markets. The two Schools have agreed to conduct joint educational modules, exchange faculty and research staff, organize joint events, academic research, and other initiatives.
Professor Rajendra Srivastava, Dean, ISB said, “It is indeed a great opportunity for us to expand the frontiers of academic collaborations globally with like-minded partners. With SKOLKOVO, the No. 1 brand in Russia, we hope to strengthen our Executive Education Programmes and also our ongoing research on emerging markets.”
SKOLKOVO Dean, Professor Marat Atnashev, said, “During recent years, our links with the Indian colleagues have strengthened considerably, and today we see the Indian School of Business as our strategic partner with unique potential.
Skolkovo Innovation Center
The Skolkovo Innovation Center is a high technology business area that is being built at Mozhaysky District in Moscow, Russia. Although historically Russia has been successful with the development of science and technology, its lack of entrepreneur spirit led to government intervention of patents and nonproliferation of Russian tech companies beyond the scope of regional service. As corporations and individuals become “residents” of the city, with proposed projects and ideas receiving financial assistance.[ Skolkovo was first announced on 12 November 2009 by then Russian President Dmitry Medvedev.[ The complex is headed by Viktor Vekselberg and co-chaired by former Intel CEO Craig Barrett.
Research that was conducted jointly between ISB’s Initiative for Emerging Market Studies (IEMS) and SKOLKOVO IEMS (Institute for Emerging Market Studies) shows the importance of the Schools’ academic collaboration. We are pleased that the common connection between the two Schools has grown into a comprehensive and mutually beneficial partnership. I would also like to mention that ISB inspired the establishment of SKOLKOVO.” With this MoU, both the Schools have agreed to work on various areas related to Executive Education, Public Policy and Family Business. ISB will also help SKOLKOVO School in their Eurasia initiative.