The Silicon Valley Connection: Transnational Networks and Regional Development in Taiwan, China and India
AnnaLee Saxenian
Chapter 7 in India in the Global Software Industry, 2004, pp 164-192 from Palgrave Macmillan
Abstract:
Abstract Transnational entrepreneurs — US-educated immigrant engineers whose activities span national borders — are creating new economic opportunities for formerly peripheral economies around the world. Talented immigrants who have studied and worked in the US are increasingly reversing the ‘brain drain’ by returning to their home countries to take advantage of promising opportunities there. In so doing they are building technical communities that link their home countries to the world centre of technology, Silicon Valley. As the ‘brain drain’ increasingly gives way to a process of ‘brain circulation’, networks of scientists and engineers are transferring technology, skill and know-how between distant regional economies faster and more flexibly than most corporations.
Keywords: Venture Capital; Brain Drain; Technical Community; Development Zone; Software Industry (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4384-2_7
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DOI: 10.1057/9781403943842_7
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