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The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent

3.76 of 5 stars 3.76  ·  rating details  ·  49 ratings  ·  14 reviews
Many of the United States' most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and h ...more
ebook, 107 pages
Published October 1st 2012 by Wharton Digital Press
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"Diversity is asset." I saw this in Boston in 2003, and I was really impressed. Probably very few, if not zero, countries in the world give such message. In my country (Japan), diversity has never been (considered as) asset. I realized the power of the USA.
This book clearly indicated the situation is quite changed in the US, and the environment would not allow to realize diversity, and thus would not lead to the diversity-is-asset situation.
Quite interesting to realize, also, the globalization
Vicky Hunt
An analysis of the most current research into trends in immigration patterns worldwide, as it relates to the USA. Wadhwa points to numerous examples among Silicon Valley's immigrant entrepreneurs; as well as the young and educated class of first generation immigrants who are choosing to return home a few years after college in the USA, to build startups in other countries.
Wadhwa points to two major causes of the trend.
1. The current bureaucratic mess of the Visa process and Immigration Bill H-
John Stein

If there is one simple, potentially bipartisan, economic issue everyone should be concerned about its immigration. The challenge for the next twenty years is getting more immigrants, and the right kind of immigrants
Quick, common sense argument for loosening up employment visa restrictions to keep the US economy vibrant.
Shirley Freeman
This is a quick but interesting read. Wadhwa makes a compelling, well-researched argument for fixing US immigration laws for highly skilled workers. His data show that highly skilled immigrants are a huge component of entrepreneurs - the main driver of economic growth. The percentage of new businesses created by immigrants is more than double the percentage of immigrant population... or it has been until recently. Our immigration process has become so cumbersome, and often impossible, that more ...more
The fabric of this country was woven with its ability to absorb diverse cultures and attract talent pools from all over the world who then help contribute to this nation's society, economy and fuel its sustained competitive advantage over the world. Today at this juncture we are at the very verge of loosing this very fundamental fabric of our society due to bad policy framework by our leaders. A must read for those politicians who are at the forefront of these policies and decision making and a ...more
Important ideas. Slightly clunky writing. Quick read.
This book is an excellent WARNING as to the entreprenurial attack in the United States today which is causing us to not be able to compete or stand ahead of other countries that we once had an edge over. The author sites statistics from a study he had participated in as well as case studies to demonstrate why the US, once the beacon, for "overperforming" entrepreneurs are no longer finding the US the beacon of light for foreigners who once came to the US because of the openness to both Visas and ...more
Simranjit Randhawa
Oct 30, 2012 Simranjit Randhawa rated it 3 of 5 stars  ·  review of another edition
Recommended to Simranjit by: The Economist
Vivek Wadhwa makes a good case and backs it up with a lotta numbers. Only grouse is that it's too silicon valley and engineer centric. Apart from that, it sheds considerable light on the many problems that plague the current American immigration policy and eventually the American Entrepreneurial spirit.
Robert Hoffman
A concise high level overview of how current skilled immigration policy is like a fierce headwind on the US economy, and a friend to foreign competition. Several of the recommendations make sense.
Important message, but repetitive even for how short it is. Didn't get much more from it than I did reading the review in the Economist.
Ravnoor Gill
Aimed at foreign entrepreneurs, with refreshingly cautious insights for anyone considering settling in the States.
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