MIT in Moscow Creates Sputnik Moments for $300 Million

By Oliver Staley. During the Cold War, scientists working at the laboratories of the Massachusetts Institute of Technology produced ideas and inventions, such as distant early- warning radar and satellite-tracking systems, designed to help the U.S. prevail over the Soviet Union. Today, MIT is working with the Russians rather than against them. Just 20 kilometers (12 miles) from the Kremlin, rising from a field once used for agricultural experiments, the Skolkovo Institute of Science and Technology will have a curriculum designed by MIT and financial backing from the Russian government, Bloomberg Markets will report in its June issue. Read more...