Absurd Immigration Policy: Indian Entrepreneurs Prefer Home Over U.S.
Situation of the U.S. in 2006
1. Around one in four U.S. tech companies had either a CEO or a CTO who had been born in a country other than the United States.
2. Foreign-born employees were behind 25 percent of patents which were secured by U.S. companies.
3. Immigrants from Britain, China, Taiwan, and Japan had launched more than half of the companies in the Silicon Valley.
4. More than one-quarter of the entrepreneurs in the Inc. 5000 were from Asia.
5. India alone was responsible for more than 25 percent of all the start-ups.
The reason for these Asia-friendly statistics was that United States offered the greatest abundance of opportunity. The students from India and China stayed back to work at research labs, universities, and private companies. Most stayed in the U.S. for the rest of their careers because the economic and professional opportunities in the U.S. were better than in their home countries.
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