1. Annual Meeting 2016 San Francisco, CA
Innovation and Russia’s Return to Growth Panel: Private Sector Collaboration Reshaping the Commercial Landscape
Annual Meeting 2016
San Francisco, CA
Engineering Services Business Model Global Integration
Professor Vladimir Kulchitsky, Chairman, Progresstech Group

2. Global Integration as Key Innovation Driver
Russia’s way is to be an integral part of the cross-border global projects what allows to:
Access and implement new technologies and collaboration concepts
Stimulate and support R&D
Create synergies for businesses and societies worldwide
Enhance and strengthen educational platform
Note: Privately owned Progresstech Group of Companies was founded in 1991 Professor Kulchitsky, who created and developed new segments of global company’s business in the field of high technologies - engineering services. He grew the business from a team of 10 people to over 2100.

3. How Global Engineering Services Projects Create Innovation and Synergies
Customer buys an idea/solution that can be further finalized and enhanced for implementation in a product
Participation experience drives new vision
Customer and end user acquire innovation paying adequate price for it
Exporting country develops its talent pool

4. Global Integration and Education
Expansion of projects involvement drives need of rapid talent development organized through:
Establishment of customized university programs sponsored by the business, including several semesters of classes and internships
Introduction of advanced software mastering driven by project collaboration requirements
Exchange programs both for students and professors stimulate introduction of new learning experiences
Positioning universities as a solid base for R&D and innovation

5. Success Stories
With substantial nourishment by the leading global innovation players like Boeing, GE, and some others a whole new galaxy of new generation Russian engineering talent was grown: Second year in a row Progresstech’s employees are awardees of the prestigious contest – Top-100 Engineers of Russia
Russian aerospace engineers contribute to almost all global commercial airplane programs
Russian specialists in mechanical engineering are fully capable service advanced international automotive and energy projects

6. Ways to Assist Private Business
Government’s efficient contribution could be in:
Creation of favorable investment climate and synergies
Supporting advanced educational system initiatives
Orienting nation’s development towards international integration by way of stimulating interest in cross-border interactions
Offering lowered payroll tax rates to stimulate attractiveness of Russian talent in the global projects’ cost structure
Offer projects that could stimulate private business involvement
Help with exports by securing foreign customer base

7. QUESTIONS?
Thank You!