3 ms·
I did see some very solid engineering there. But I didn't see any meaningful product or business model innovation. As the documentary shows, most companies ther
by diego_moita 10y ago
I did see some very solid engineering there. But I didn't see any meaningful product or business model innovation. As the documentary shows, most companies there are either replicating western business models, or doing what the government orders or allows them to do. Russian engineers are phenomenal but their entrepreneurs don't see either creative of free to create.
Compare them to Chinese entrepreneurs. In China they don't restrict themselves to copy western businesses. They adapt to very Chinese cultural habits like having chat engines on online shopping such that you can interact with sellers or even haggle and bargain when shopping. It's what Jack Ma called being "the crocodile in the Yang-Tse": being specific to a culture, understand your customers instead of standardizing them.
Do Russians do the same? The video didn't show that. What it showed is how much Russian capitalism is a pet of the Kremlin.