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.
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?