Vivek Wadhwa is Vice President of Innovations and Research at Singularity University; Fellow, Arthur & Toni Rembe Rock Center for Corporate Governance, Stanford University; Director of Research at the Center for Entrepreneurship and Research Commercialization at the Pratt School of Engineering, Duke University; and distinguished visiting scholar, Halle Institute of Global Learning, Emory University. He is author of The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent (2012), which was named by The Economist as a book of the year. He was named by Foreign Policy Magazine as a Top 100 Global Thinker in 2012. In 2013, Time magazine listed him as one of The 40 Most Influential Minds in Tech.
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Too Many Kids Go To College - Against
More About Vivek Wadhwa
What matters is gaining a basic education and completing what you startednot the ranking of the school you graduate from.
The legends of Bill Gates, Steve Jobs, Mark Zuckerberg and other high-tech entrepreneurs have fed a stereotypical vision of innovation in America: Mix a brainy college dropout, a garage-incubated idea and a powerful venture capitalist, stir well, and you get the latest Silicon Valley powerhouse. Thats Hollywoods version of technological innovation; unfortunately, its also the one that venture capitalists try to fund and government planners seek to replicate.
Our society needs liberal-arts majors as much as it does engineers and scientists.
Vivek Wadhwa, Richard B. Freeman and Ben Rissing<br/>In a survey of 652 U.S.-born chief executive officers and heads of product development in 502 engineering and technology companies, the authors of this paper observed that U.S.-born engineering and technology company founders tend to be well-educated, with significant differences in the types of degrees obtained and the time in which they started a company after graduating.
The authors research confirms that advanced education in STEM fields is correlated with high rates of entrepreneurship and innovation among both immigrant and U.S.-born founder populations.
The current generation of foreign students at U.S. universities will likely return home faster and in greater numbers than any generation of foreign students in recent decades.
To put up walls that block the best and brightest from coming to America is bad policy in both the short and the long term.