“New Realities” and Russian markets

During the April 10 discussion at Harvard’s Davis Center for Russian and Eurasian Studies the representatives of academia and business presented the Moscow-based International Center For Emerging Markets Research. The long-term goal of the center is to foster dialogue of academia and business both locally and globally.

A new bottom-up research initiative by Russian and foreign experts — the International Center For Emerging Markets Research (ICEMR) at The Peoples’ Friendship University of Russia (RUDN University) — seeks to establish closer cooperation with Harvard University as well as foster understanding of economic realities in Russia and other emerging markets. However, in the long-run, it pursues a more audacious goal — bridging the gap between big business and academia in Russia and other countries with transition economies.

It was presented on April 10 at Harvard’s Davis Center for Russian and Eurasian Studies during the “New Reality and Russian Markets” discussion and brought together both Russian and foreign researchers. The initiators of the Center make it clear that they have a very bold plan to become one of the leading academic hubs to provide hard analysis on emerging markets, focusing on Russia and its relations with the U.S. and Europe. The final goal is to attract big business and found common ground with those who are used to earning money and cutting deals.

According to Andrey Berezin, director for development at ICEMR, business and academia have  to work together to drive innovations.

—By Pavel Koshkin