Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63430
Authors: 
Saxenian, AnnaLee
Year of Publication: 
2006
Series/Report no.: 
Research Paper, UNU-WIDER, United Nations University (UNU) 2006/142
Abstract: 
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 paper examines how Chinese- and Indian-born engineers are contributing to highly localized processes of entrepreneurial experimentation in their home countries, while maintain close ties to the technology and markets in Silicon Valley. – entrepreneurship ; knowledge economy ; start-ups ; information technology ; venture capital ; China ; India ; USA
JEL: 
O16
O32
G24
J61
ISBN: 
9291909262
Document Type: 
Working Paper

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