This week we can expect President Obama to speak to immigration reform and a new immigration proposal to be unveiled in the Senate. I have discussed in this blog the importance of creating a U.S. Startup Visa for high skilled immigrants—but only in the context of America’s loss. We take a look today on what America's loss in terms of brainpower and innovation skills means for one nation—India.
In recent years, there has been a growing trend in the U.S. of Indian and Chinese highly skilled immigrants leaving to return to their home countries. These returnees are relatively young (35 and 37) and most of them hold Master's and PhD degrees in management, technology or science. In an often cited Kauffman Foundation study, 56.6 percent of Indian respondents indicated that they would be likely to start a business in the next five years, and 53.5 percent of them believed their best opportunities for entrepreneurship were in their home country. Is the Indian startup ecosystem leveraging the growth engine leaving the U.S.?
To read the original article: Americas Loss is Indias Gain - Entrepreneurship.org
