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Armenia Needs To Develop Business-Networks With Its Diaspora: Rob Ki

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  • Armenia Needs To Develop Business-Networks With Its Diaspora: Rob Ki

    ARMENIA NEEDS TO DEVELOP BUSINESS-NETWORKS WITH ITS DIASPORA: ROB KITCHIN

    ARKA
    Nov 16, 2009

    YEREVAN, November 16, /ARKA/. Armenia needs to develop
    business-networks with its Diaspora in the areas of financial services,
    technologies, health and tourism, Rob Kitchin, a professor of Dublin
    National University, said in Yerevan last Saturday during a meeting
    of the Board of Trustees of Armenian National Competitiveness Fund.

    According to him, creation and development of new business networks
    will allow to use more efficiently the entire potential of the Armenian
    Diaspora, including its financial, economic and business opportunities.

    He said his country has 60 such networks with 30,000 members across
    the world who are specialized in working with different governments
    and different economy and science sectors.

    He said before to create such a network Armenia should go through
    several stages, particularly, to study and work out pilots programs
    to find out the potential and the opportunities of the Diaspora,
    to determine institutional directions and the best international
    experience.

    He suggested that Armenia should keep away from creating ambitious
    models, and use instead the experience of Scotland and New Zealand.

    In his opinion, it is necessary in the first place to create a list
    of limited sectors and begin with several directions based either on
    geography or industry type, to build an elite sector that would serve
    as a locomotive to implement other projects and form venture funds.

    Andre Andonian, director-partner of McKinsey&Company (Germany), who
    is also a member of the Board of Trustees of the Armenian National
    Competitiveness Fund, said the Armenian Diaspora runs already a great
    deal of different networks operating in all big countries and cities
    of the world. The question, he said, is how to create a unified model
    that would meet our interests.

    But according to Avetik Chubarian, director-partner of McKinsey&Company
    for Russia, there is no ideal model to work with Diaspora. He said
    Armenians need only to feel that they are a 10 million nation,
    a successful, integral nation with their own sovereign country.

    The meeting of the Board of Trustees of the Armenian National
    Competitiveness Fund was held in Yerevan on November 14-15.
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