Medvedev visit to Silicon Valley: Russia looks beyond an oil-and-gas economy

"Russia recognizes that it cannot rely on a resource-based economy forever, and has a strong scientific and intellectual history upon which to build an innovation-driven economy."

– David Wack, a Russia-based lawyer with Squire, Sanders & Dempsey L.L.P., commenting on President Dmitry Medvedev's visit to Silicon Valley this week.