Problems Associated With Reverse Brain Drain
The problem of a reverse brain drain is exacerbated by anxiety in developed countries. This is of particular concern in the United States of America, where not enough undergraduate students are seeking advanced degrees at the doctorate level. This leads to several consequences. Initially, it increases the widespread replacement of native-born with foreign born professionals and academics in the areas of greatest intellectual and economic interest to the developed country. This is a problem since foreign-born professional and academics from developing countries, such as China or India, are increasingly motivated to return to their home countries due to rapid economic growth, increasing living standards, and increasing opportunities in their home country. The reverse migration of the foreign-born professionals and academics leaves developed countries with a lack of intellectual capital. This may lead to economic drawbacks in developed countries and diminishing opportunities for native-born professionals. Statistics show that more than 52% of Silicon Valley’s startups during the recent tech boom were started by foreign-born entrepreneurs. In addition, the "foreign-national researchers have contributed to more than 25% of our global patents… foreign-born workers comprise almost a quarter of all the U.S. science and engineering workforce and 47% of science and engineering workers who have PhDs." Furthermore, 54% of engineering doctorates went to foreign students, who returned to their home country after graduation, which disheartens the executives of research and development in the developed countries.
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