Brains are going home

Image via CrunchBase

Over the past several decades, many talented professionals and business leaders made their way to the United States, and Silicon Valley in particular, building companies that drove a range of new technologies and innovations into the market. However, that influx of talent is sputtering and reversing itself. Should we be concerned?

Last year, he and research teams at Duke, Harvard and Berkeley polled 1,203 returnees to India and China and found emerging economies such as India and China now have a strong pull for the same talent that helped make the US the innovation powerhouse of the world. Wadhwa’s team also surveyed 1,224 foreign students within the US, and found that only six percent of Indian, 10% of Chinese, and 15% of European students planned to settle in the US long term.