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I think Yandex is something in between two different cultures. One originated from the old Soviet culture of the scientific institute. It was a free atmosphere of scientists, maybe too free because nobody cared about making money. Another origin is something close to what you usually see in California startups.

We never set up Yandex to imitate what others were doing. We've been in the business longer than other search engines and have created many original products.

Ukrainian business must really embrace global competition. We need to understand that competition for resources and clients is not with competitors from across the street or from another city, but with millions of businesses around the world.

Yandex originated from a company called Arkadia, which created two search programs under the DOS operating system in 1990.

I believe business has to do well and that the surrounding communities do well.

Nationally, more than one million Asian American entrepreneurs create jobs in their communities, helping fuel local commerce. In New York, we have seen firsthand how this community has helped drive our economy forward through hard work and ingenuity.

Sooner or later, you will see a China-based company that really has a global impact, and I think Baidu has a chance to become one of those companies. We should be able to compete on a global basis.

Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.

While my trips are most often focused on business, I always try to take some time to experience the local culture.

What kind of business world are we living in?