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Newton Campos

News from Deepak Seth's blog: http://deepaksethspeak.blogspot.com/

Immigrants as Entrepreneurs: creating jobs, enhancing prosperity

The immigration debate over the last few months has been focused on illegal immigration, the burdens it places on local economies and the plight of illegal immigrants. What has got sidelined is the continued contribution of legal immigrants in creating jobs and enhancing prosperity. Immigrants have been and continue to be the lifeblood of the US economy. By their entrepreneurial zeal and work ethic they have contributed to the unparalleled stature of the US as a colossus in the global economy.

A recent study report (released January 7, 2007) by a team of student researchers in the Master of Engineering Management program of the Pratt School of Engineering at Duke University led by Executive in Residence/Adjunct Professor Vivek Wadhwa, Research Scholar Ben Rissing, and Sociology Professor Gary Gereffi, has documented the economic and intellectual contributions of immigrant technologists and engineers to US competitiveness -- to understand the sources of US global advantage as well as what the US can do to keep its edge.

A key finding of the study was that there was at least one immigrant key founder in 25.3% of all engineering and technology companies established in the U.S. between 1995 and 2005 inclusive. Together, this pool of immigrant-founded companies was responsible for generating more than $52 billion in 2005 sales and creating just under 450,000 jobs as of 2005. The researchers also estimated, based on an analysis of the World Intellectual Property Organization (WIPO) patent databases, that foreign nationals residing in the U.S. were named as inventors or co-inventors in 24.2% of international patent applications filed from the U.S. in 2006. These immigrants come to the U.S. from all over the world to take advantage of the business, technology and economic opportunities in the country.

An interesting finding was that these immigrant-founded businesses are unevenly located across the country. California and New Jersey represented hot spots for immigrant-founded engineering and technology business; Surprisingly, New York despite being the state with the second highest percentage of the population being foreign-born (19.6% vs. 24.9% for California in 2000), only had nearly 25% of its companies established by immigrant key founders (vs. 38.8% for California, 37.6% New Jersey, Michigan 32.8%, even Georgia, Virginia, Massachusetts, Illinois and Arizona fared better). New York (5.2%) also featured third after California (34%) and New Jersey (7.3%) in a breakdown of states where immigrant founded engineering and technology companies are based. California with Silicon Valley appears to be the hotbed of creativity and entrepreneurism. New York has significant catching up to do. Some food for thought for the state's economic policy czars.

I was pleased to learn that immigrants from my country of origin (India) have founded more engineering and technology companies in the US in the past decade (1995-2005) than immigrants from the U.K., China, Taiwan and Japan combined. Of all immigrant-founded companies, 26% have Indian founders. Locally, in Rochester, Indian origin entrepreneurs like IC Shah (ICS Telecom) ,Dilip Vellodi (Sutherland group),Bal Dixit (Fireproof materials) ,Bhoopinder Mehta (Indus Group- hotels and restaurants),Ram Shrivastava( Larson Engineers),Makhan Singh (Restauranteur) have created hundreds of jobs and contributed significantly to the local economy. As they have worked hard to realize their "American Dream", they have enhanced the prosperity of their adopted land.

This research showed that immigrants have become a significant driving force in the creation of new businesses and intellectual property in the U.S. — and that their contributions have increased over the past decade. It also established that the key to maintaining US competitiveness in a global economy is to understand America’s strengths and to effectively leverage these. Skilled immigrants are one of America’s greatest advantages- the US has the unique advantage of having amongst its citizenry people from all parts of the globe. This “integrated diversity” is not yet fully utilized by corporations to its full potential. No other country operating in the global arena has this advantage. You may not find a Fijian or an Icelander in China or India but you would very well do in the US. And that’s a strength which needs to be leveraged.

Let us celebrate the "integrated diversity" of US and the pursuit of the "American Dream". Both of which contribute to the continued growth and prosperity of the US in a global economy.

Link to the Report:
http://memp.pratt.duke.edu/downloads/americas_new_immigrant_entrepreneurs.pdf

Newton Campos

Encontro de Administração 2007 traz ciclo de palestras sobre os novos rumos da área no Brasil

O Instituto Chiavenato de Educação e o Núcleo de Pesquisa do Administrador (NUPAD), com o apoio da FNQ, UNIETHOS, IBRI e CRA-SP/CFA realizam no próximo dia 28 de abril o Encontro de Administração 2007. O tema “Os Novos Rumos da Administração para o Desenvolvimento Sustentável e o Alto Desempenho das Organizações” será debatido em uma série de palestras com importantes especialistas e representantes do mercado.

O encontro é ideal para quem busca o conhecimento sobre o que há de mais novo e funcional na excelência em gestão administrativa, na sustentabilidade e competitividade sendo posto em prática nas principais organizações nacionais e internacionais. Serão oito horas de interação e palestras imperdíveis para quem administra empresas, lidera pessoas, estratégias e quer se preparar para os novos tempos das organizações no Brasil, que enfrentam desafios crescentes devido as mudanças climáticas, meio-ambiente e acirramento da competição globalizada.

Entre os palestrantes estão Antônio Tadeu Pagliuso, Superintendente-Geral da FNQ, Idalberto Chiavenato, Presidente do Instituto Chiavenato, Geraldo Soares Presidente do IBRI Instituto Brasileiro de Relações com Investidores, Roberto Cardoso Presidente do CFA Conselho Federal de Administração, Carlos Alberto Julio Presidente da HSM, Marcos Egydio Martins, Diretor de Sustentabilidade da Natura, entre outros.

O Encontro de Administração 2007 acontece no dia 28 de abril, no Centro Fecomercio de Eventos, em São Paulo, das 8h30 às 18h. Mais informações no telefone (11) 5542-2800 ou e-mail encontro2007@chiavenato.com e inscrições no site do NUPAD. Valor: R$160,00.

Newton Campos

O reitor do IE convida, através deste video, que todos nossos ex-alunos participem das comunidades IE (IE communities). As comunidades estão compostas por blogs e foruns de discussão por região, setor da economia e área do conhecimento. Visite: http://communities.ie.edu/

Newton Campos

Esta notícia acaba de chegar do escritório do IE na Argentina. Achei muito interessante pois a HSM planeja, assim que possível, lançar este canal no Brasil.

A partir de este mes de abril, ManagemenTV, el primer canal de management del mundo, se incorpora a la oferta digital de Cablevisión/Multicanal para el mercado de la televisión por cable en la Argentina. Durante las 24 horas, su programación recorre los temas presentes a diario en la vida de los que hacen o quieren hacer negocios -Mercados & Clientes, Futuro & Tendencias, Publicidad & Marketing, Marcas, Industrias-; la historia de éxitos y fracasos -Líderes, Entrepreneurs, PyMes, Empresas, Deporte & Management-; y muestra de primera mano, en sus talk shows y reality shows, las experiencias, los desafíos y los secretos de quienes logran llegar a donde quieren.

Listas para que cada uno arme su propia aventura, en las secciones de ManagemenTV hay opciones de "killer management" hasta ideas para el "after office". "Entretenimiento inteligente, universalidad en sus contenidos y accesibilidad absoluta fueron los principios que guiaron la rigurosa selección de programas que incluye la grilla de ManagemenTV - además de requisitos insoslayables como excelente producción, inmejorable estilo, un toque de irreverencia, y la más absoluta seriedad", señaló Tristán Barreiro, gerente general de ManagemenTV, quien agregó que el canal estará presente en toda Latinoamérica, con una señal en español y otra en portugués.

HSM aplicó todo el know-how adquirido y el feedback de su comunidad global de clientes para hacer de ManagemenTV una propuesta netamente diferenciada, que muestra que el mundo del management no es tan estrecho como el imaginario colectivo lo dibuja. Más información en www.managementv.com.

Newton Campos

Esta é a vista que se vê do escritório do IE no último andar do edifício "5ª Avenida" no número 726 da Av. Paulista em São Paulo. Vocês sabem, né? A Câmera estava aqui na mesa, o sol estava se pondo, o trânsito começou a emperrar... Enfin, final de tarde nesta cidade monstruosa. Me bateu a maior vontade de registrar o momento.