Economic Trends Seen In 2011 Owing To Startups
By siliconindia
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Growth In International Entrepreneurship
2011 saw many startups in U.S. being founded by entrepreneurs of Indian origin. This can be attributed to the changing tax laws and regulations to make an investment more attractive. The move not only expands the market reach, but also helps the entrepreneurs by making a broad platter of opportunities, investors and ideas aboard. Immigrants founded almost half of the 50 top venture-backed companies in U.S. in 2011, while 37 of these 50 companies had atleast one immigrant in a key management position.