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            Baku Higher Oil School (BHOS) hosted a meeting with representatives of the Boston Consulting Group (BCG) which was attended by Sergey Parapechka, BCG Partner and Managing Director, Sergey Khaliulin, BCG Project Manager, Movlud Mohbali, Senior Advisor, the Department of Innovative Development and E-Government, Administration of the President of the Republic of Azerbaijan, and the BHOS academic and teaching staff.

 

            The discussion focused on sub-item 2.2 of the Order of the President of the Republic of Azerbaijan on ensuring coordination in innovative development in the Republic of Azerbaijan’ (No. 881; dated 10 January 2019) and, as part of ongoing research and analysis within drafting a national Innovation Strategy, encouraged an exchange of opinions and ideas concerning the BHOS initiatives in innovation and research and development (R&D). 

           

            Rector of BHOS Elmar Gasimov laid particular stress on highly effective partnerships forged with numerous national and transnational companies operating in the country and, as a transition to the next phase of this partnership, scaling up joint research and establishing joint R&D laboratories. While emphasizing the role of these labs and similar centres as a platform for R&D and implementing new ideas, Rector expressed his hope that higher schools by using this approach will significantly contribute to boosting national innovation potential and its further development.

           

            BCG Partner and Managing Director Sergey Parapechka pointed that the meeting aimed for reviewing cooperation between higher education institutions and industry in the area of innovative development, and praised initiatives undertaken by BHOS to foster innovation and development.

 

            Founded in 1963, BCG is a global management consulting firm and leader in business strategy. Headquartered in Boston, the market leader delivers services to clients from the public, private, and not-for-profit sectors in more than 90 offices in 50 countries. At the same time, BCG has extensive international experience in strategic transformation in the urban development planning, comfortable urban environment development, employment transformation, city infrastructure development, tourism and transport, social sectors and industry clusters. In March 2019, BCG was entrusted with the development of the Baku Master Plan, in pursuing the objective to develop the long-term comprehensive plan benefiting from the most successful global experience.