May 9, 2011

Why Indian and Chinese entrepreneurs are leaving America?

The study, reported in this blog, finds that:
The only advantage respondents typically indicated that the U.S. offered was in the salaries received— 64% of Indian and 43% of Chinese respondents said the salaries had been better in the United States than they were at home.
The other advantage that I see the US still has is the strong institutional framework, relatively low corruption, and the rule of law.

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