Chapter

The International Mobility of Entrepreneurs and Regional Upgrading in India and China

AnnaLee Saxenian

in The International Mobility of Talent

Published in print February 2008 | ISBN: 9780199532605
Published online May 2008 | e-ISBN: 9780191714627 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199532605.003.0005

Series: WIDER Studies in Development Economics

The International Mobility of Entrepreneurs and Regional Upgrading in India and China

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By 2000, over one-third of Silicon Valley's high-skilled workers were foreign-born, and overwhelmingly from Asia. These US-educated engineers are transforming developmental opportunities for formerly peripheral regions as they build professional and business connections to their home countries. In a process more akin to ‘brain circulation’ than ‘brain drain’, these engineers and entrepreneurs, aided by the lowered transaction costs associated with digitization, are transferring technical and institutional know-how between distant regional economies faster and more flexibly than most large corporations. This chapter examines how Chinese and Indian-born engineers are contributing to highly localized processes of entrepreneurial experimentation in their home countries, while maintaining close ties to the technology and markets in Silicon Valley.

Keywords: entrepreneurship; knowledge economy; start-ups; information technology; venture capital; China; India; USA; Silicon Valley

Chapter.  10943 words. 

Subjects: Economic Development and Growth

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