News for hackers. Stuff that matters.
Re:Startup Visa D.O.A., and Startup America Just a Giant Pre... by xiaoma on Thursday March 31, 2011 @05:06AM (#2390858)
This piece doesn't make much sense to me. The first paragraph talked about how Obama is interested in emulating China's and India's focus on science and engineering. The second paragraph says the Startup America plan needs more substance: a way for foreign-born entrepreneurs to start companies here and a leveling of the playing field for entrepreneurs wanting to solve government problems.

I don't know about the situation in India, but here in China the barriers for foreign-born entrepreneurs starting companies and the barriers for entrepreneurs wanting to solve government problems are both very high. The US already has the comparative advantage in this regard. Isn't the real disadvantage that most Americans aren't very interested in science or engineering careers?

Re:Startup Visa D.O.A., and Startup America Just a Giant Pre... by chengyinliu on Thursday March 31, 2011 @09:46AM (#2391505)
What he meant was that if those foreign entrepreneur could not stay in the US, they will go back to their own country to create jobs there. Therefore, the US would lose this entrepreneur along with the technology and the job he/she creates.