Fewer foreign entrepreneurs say they need the U.S.
I'm really glad US has such tight immigration norms. As someone from India, it is great the see that those innovators who couldn't get visas, are innovating outside US and living a much better life. why move be an alien in US, when you can live in home country and innovate?I think the author (also an Indian turned American) has been making this point for quite a few years. Not all, but some of America's loss is China and India's gain.India and China are so vastly different markets, that most of the products made for US really dont fit outside US. And innovating in China / India truly help these countries!