Our previous research had documented that 52% of Silicon Valley's startups were founded by immigrants; that immigrants were contributing to 25% of WIPO PCT applications filed from the U.S.; the backlog of skilled immigrants waiting for permanent resident visas had increased to over 1 million...

Multinational pharmaceutical corporations are searching for means to broaden their capacity for drug development while decreasing costs. Pharmaceutical firms in India and China are increasingly forging partnerships with these corporations to gain revenue and to develop their own expertise. These...

This article challenges the commonly cited statistics for engineering graduates in the United States, China, and India. Our research shows that the gap between the number of engineers and related technology specialists produced in the United States versus those in India and China is smaller than...

The United States, long the beneficiary of talented immigrants, needs to act quickly to keep these valuable workers from leaving to pursue expanding opportunities in their home countries.Although most of the national immigration debate originates with those who want to limit immigration, U.S....

Purpose – The purpose of this paper is to review the reasons for the increased pace of restructuring of Indian industry in response to increasing market efficiencies and declining transactions costs in India. Design/methodology/approach – This paper uses theory of transactions cost economics...

As the size and importance of its economy increases, India is becoming more integrated with the world economy. The process of deregulation and the economic reforms started in the early 1990s seems irreversible and continues to accelerate. In recent decades, transactions costs in India have been...