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Article Image"We intended for something better, but it turned out just as it always does."

This famous quip, coined by Russian politician Victor Chernomyrdin in 1993, has become a catchphrase in post-Soviet Russia. It perfectly summarizes the attitude of contemporary Russians toward innovation or any attempt to enact change in Russia. A sense of helplessness has dominated the collective consciousness in the face of pervasive corruption, bureaucracy and outdated Soviet mentalities rampant in the country.

Twenty years after its collapse, the lingering legacies of the Soviet Union continue to prevent Russia from re-emerging as the superpower it once was. Its latest initiative, Skolkovo, has the potential to be the solution the country has longed for since the days of perestroika. It is Russia's first real attempt to transition from the Industrial Age of the twentieth century to the Digital Age of the twenty-first. If Skolkovo can successfully achieve its objectives, it will position Russia once again among the technological and ideological leaders of the world.

To read the full, original article click on this link: Skolkovo: Russia's Emerging Silicon Valley - Knowledge@Wharton