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  • Watch out Silicon Valley. Chinese and Indian Entrepreneurs Are Eating America’s Lunch

    Posted December 29, 2010 By in General With | Comments Off
    …India’s and China’s successes
    aren’t due to their education systems, but despite them. You’ve
    probably heard of Indian outsourcing hotspots like Bangalore and
    Chennai, but it’s not just call centers and software sweatshops
    Americans now need to worry about: Technology entrepreneurship is
    booming all over in China and India, and is beginning to innovate;
    these startups will soon start competing with Silicon Valley. The
    next Google could well be cooked up in a garage in Guangzhou or
    Ahmedabad.

    Indian and Chinese children are
    very much like their counterparts in the United States –
    intelligent, open-minded, and motivated to change the world. They
    receive poor education on average, but many are able to rise above
    that. And the United States is giving an unintended boost to these
    countries by sending away highly educated skilled foreign
    workers.

    Read more at foreignpolicy.com

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