Ukraine Wants to Become the Silicon Valley of Europe

In this article about Ukraine's campaigning to secure more outsourcing services business from American IT companies, the author sources comments from a Wall Street Journal piece that included insights from Partner David Rutchik. Sample excerpts: “The Ukrainian Embassy in the U.S. has launched a campaign aimed at Western businesses, urging them to increase their outsourcing services to Ukraine…Outsourcing to a nation in crisis, however, carries risks. Rachael King recently explained for The Wall Street Journal: ‘When businesses outsource to any low-cost destination, they always weigh risk and benefits, say outsourcing experts. Risks can range from natural disasters such as last year's typhoon in the Philippines, to violence and political instability in Egypt….The biggest risk now is the political unrest with Russia and what may happen to corporate intellectual property outsourced to the Ukraine if Russia is successful in annexing all or part of the country, said David Rutchik, a partner who specializes in outsourcing at management consulting firm Pace Harmon Inc. Laws in the Ukraine better protect intellectual property, he said, than laws in Russia.’”

National Journal