"A recent study exposed an alarming trend in the tech industry. Immigrant entrepreneurs, who in recent years have launched half the startups in Silicon Valley, are founding drastically fewer companies. Except for one group: Indians. "
Mines the power that Silicon Valley Indians possess to generate successful startups in a period when the task is difficult for others, based upon a study by the Center for Entrepreneurship and Research Commercialization at Duke University.
Notes that part of their success arises from a thirty year old, intentional effort to promote entrepreneurs, a project initiated by successful Indians who wanted to prepare the next generation. Young Indians now aspire to be entrepreneurs the way Americans aspire to rock stardom. Many are now starting-up in India because of harsh immigration laws that have driven them and their funds away.
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Source is ReadWrite Small Biz.
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