Just like I'd be willing to bet that americans living abroad are overrepresented as entrepreneurs wherever they happen to be living.
Just like I'd be willing to bet that americans living abroad are overrepresented as entrepreneurs wherever they happen to be living.
I disagree. I wouldn't be sanguine about it. Previous major waves of technical innovation were lead by well established Americans. Something has changed.
A plausible hypothesis (not that I'm convinced) is that high immigration has driven down wages in technical professions. So native born Americans are less inclined to bother.
I think it's important to point out that two American eras of high growth and prosperity had essentially zero immigration. From 1921 to 1965 immigration was practically nothing. This was a period of extreme American innovation.
Rather I think Americans dont take tough courses in college - ie science/technology courses. How many computer science (for eg:) MS courses even have Americans enrolled in them?
Americans take it easy in college. Heck, if I'd been born here I'd have done the same. :)
... because an army of H1Bs and green cards have driven down wages and thus the incentive to pursue science & tech careers? Seems at least plausible.
Uhm, what? Perhaps in raw numbers, but the world wars drove vast numbers of european intellectuals to the US.