Chinese and Indian Entrepreneurs Are Eating America's Lunch(foreignpolicy.com)
foreignpolicy.com
Chinese and Indian Entrepreneurs Are Eating America's Lunch
http://www.foreignpolicy.com/articles/2010/12/28/chinese_and_indian_entrepreneurs_are_eating_americas_lunch
3 comments
Surprise! Making every technical job available for outsourcing means that nobody enters technical job markets if they can help it! Getting an engineering degree is no longer a way out of the mines, the farm or the factories! Lots and lots of laws, especially "intellectual property" laws are a tax on innovation! Declaring all surprises as "terrorism" leads people away from doing surprising things! Surprise! All of this adds up to zero entreprenuerialship!
They're cheap, I admit that. But they are challenged interfacing with US clients. We've found that by giving business away (matching their rates) and delivering a few small jobs, US customers will keep coming back.
That said, there are a few good ones out there so we should keep on our toes.
That said, there are a few good ones out there so we should keep on our toes.
Thank goodness, the world needs more innovation.