Earlier quoted context omitted.
They might be, but they are properly too conservative to support a startup culture.
I think North Carolinians might disagree.
As would some Virginians, Floridians, and Texans.
Beware The Reverse Brain Drain To India And China
21–25 of 25 posts
Re: Beware The Reverse Brain Drain To India And China
#22There's a lot of spin in this article.
The first part with all the stats? Something like only 27% of Indians with Visas wanted to return, yet the article cites this as an indication that "it's not a visa issue". In general, the first part is entirely self-selected, as the article admits.
We then move to Indian students, who presumably haven't been here for long and haven't had all those jobs from the first part of the article. So it's an entirely different demographic.
If you're going to hang out with a group that wants stats to show large numbers of citizens returning home that's fine, but don't do it to the point that the information you are sharing is tainted (or worse, slanted)
I'm happy we have immigrants here doing IT work, although I worry about taking the best and brightest from other societies. So I'm happy also if some of them want to return home. Any kind of cultural mixing -- whether by new immigrants coming here or old ones returning home -- is a good thing for everybody involved.
But this article is not such a good source of information
Re: Beware The Reverse Brain Drain To India And China
#23I fit squarely into the (Indian) demographic they refer to in the article. My wife and I are pretty clear we will return to India in the next couple of years, and have started planning for the transition. In our case the decision is really an emotional one - we identify with India, and see no reason to change that. The latter clause would not have been true for many in the past since there was a much greater disparit…
Welcome for a huge opportunity, at Hyderabad, or Pune (as the article says).
Or is it going to be Bangalore?
Re: Beware The Reverse Brain Drain To India And China
#24And I noticed that India tops the Google trends for both startups and hackernews. http://www.google.com/trends?q=startups http://www.google.com/trends?q=hackernews
That is true for most programming related terms. I think Google trends ranks by the percentage within total queries from a country. If in India people use Google from every IT company but it is less widespread in all households than in the US, that alone explains this bias.
But then I dont think Google trends ranks by the percentage within total queries from the country.
Re: Beware The Reverse Brain Drain To India And China
#25The statistic of people moving into senior management on moving 'home' suggests that companies in developing economies feel that they need American trained executives to compete with American companies. So all this might mean is that middle managers in US companies are being automatically promoted into senior jobs in foreign companies because those companies feel insecure. This is great for the bank balance of those…
At the same time, when economy of China/India has enough domestic demands to sustain itself, the need for U.S. trained managers will decline. For those middle managers, betting the growth of domestic markets and starting to learn the market from now on also plays a factor.
It's not an American thing, it's a first-world thing. Academics and businessmen in BRIC countries value colleagues who have seen the workings of first-world economies, since BRCI countries are mostly targeting customers in those places, or looking up to them in terms of technological innovation.