Tech billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes have all recently left the UK. Now, Britain’s finance minister is quietly trying to put a halt to the wealth and brain drain https://t.co/Q3sT2HC7XU ...

Policy & Incentives - Indonesia is considering new incentives for a lifetime residency program aimed at attracting former citizens and diaspora groups [1] - The program has faced criticism for being too expensive and unlikely to effectively address the country's brain drain [1]

Economists argue that the migration of software engineers from India to America was neither a “brain gain” nor a “brain drain” but “brain circulation”. For the moment, one end of that circulation is still thriving https://t.co/5XHMnVVIbR ...

It is hard to tell whether Israel is facing a brain drain as a result of the past three years. But dig into the data and the proportion of those emigrating who have only recently become Israelis is significant https://t.co/KoaETyHhZs ...

India's Talent Reverse Brain Drain - India is transitioning from a talent-exporting nation to an attractive destination for talent and opportunities [9] - Professionals and students are returning to India, indicating its growing importance as a hub for innovation and extended headquarters [9] - India's rapid economic growth, especially in technology, science, and research sectors, is a key factor driving this talent return [10] - The booming startup ecosystem, with over 160,000 registered startups, is creating opportunities and welcoming the diaspora back to India [13] - Visionary policies like Startup India, Make in India, and Atmanirbhar Bharat are encouraging professionals abroad to return and build their careers in India [15] Global Capability Centers (GCCs) - The number of GCCs in India has grown significantly, from a few in the early 2000s to approximately 1,700 today, and is projected to reach 2,200 by 2030 [16][17] - GCCs are evolving from back-office operations to innovation powerhouses, focusing on product development, analytics, and strategy [18] - The professionals and diaspora are taking on significant roles in running these GCCs in India [19] Factors Contributing to Reverse Brain Drain - Improved infrastructure, research facilities, modern education institutes, and healthcare are attracting talent back to India [19] - The availability of amenities and a lifestyle comparable to those abroad is also a factor in the return of talent [20] - Restrictive immigration policies and political uncertainties in some developed countries are contributing to the reverse brain drain [23] Educational Institutes and Innovation - Institutes like IIT Madras have incubated over 100 startups and filed over 400 patents, while IIT Kanpur has incubated over 400 startups [24] - A complete ecosystem is being built with thousands of incubators across the country, fostering innovation and attracting talent [25]

RT @levelsio (@levelsio)With the wave governments are going in Europe, increasingly taking away freedoms and wealthI think it indeed may finally be time for network statesMy difference of opinion with the Network State theory here is that I think it's easier to adapt existing countries (or city states) to become network states that attract people, than to create entirely new countriesFor example, Dubai is attracting a lot of the high-skilled high-IQ and high-income Europeans, no matter how hard Europeans wa ...

India wants to lure its best minds back from the US - but it won't be easy https://t.co/kHAkljbs5V ...

Core Insights - Europe has historically been a leader in technology but has failed to produce global consumer tech giants comparable to those in the US and Asia [2][3] - Despite a strong foundation in education, industry, and R&D, the European consumer tech market is underdeveloped, with significant gaps in market capitalization compared to US firms [6][7] Market Position - The combined market capitalization of seven major US tech companies reached $13 trillion in 2024, while Europe's top 11 tech companies totaled only $2.2 trillion, representing less than 17% of the US firms' value [7] - The absence of recognizable European consumer tech brands is further highlighted by the rise of Asian tech giants [7] Structural Challenges - Regulatory fragmentation within the EU complicates the establishment of startups, as companies must navigate 27 different regulatory systems [9] - European investors exhibit a cautious investment culture, leading to 54% less funding for startups compared to their US counterparts [10] - A significant brain drain is occurring, with 73% of EU science graduates choosing to stay overseas, impacting the talent pool for high-growth startups [11] Regulatory Landscape - Europe is focusing on regulation to hold tech giants accountable and set global standards, exemplified by the GDPR and the Digital Markets Act [12][14] - The Brussels Effect allows European regulations to become global standards, as multinational companies prefer a single compliance structure [15] - The EU is proactively investing in technology, such as the €43 billion European Chips Act to enhance semiconductor production [15][16] Innovation and Future Outlook - Despite challenges, Europe is fostering innovation, with examples like Estonia's fully digitized government services and France's growing startup ecosystem [16] - The fundamental question remains whether Europe can build its own tech future while regulating the existing landscape [16]

Overview - The report explores the causes, effects, and examples of brain drain [1] - The report aims to understand brain drain's impact on economies, industries, and human capital globally [1] Mitigation Strategies - The report discusses measures to mitigate the consequences of brain drain [1]

Core Insights - The narrative highlights the challenges and limitations faced by professionals on H1B visas in the US, particularly regarding job mobility and personal freedom [11][12][14] - The decision to return to India and start a company is framed as a response to the frustrations of working under visa constraints and a desire to contribute to India's technological self-reliance [16][27] Group 1: Personal Journey and Career Decisions - The individual experienced a significant career shift after leaving Qualcomm, driven by a desire for professional freedom and the ability to create products in India [16][21] - The realization of the limitations imposed by the H1B visa led to a sense of disillusionment and a decision to return to India to start a company [14][17] - The support from family, particularly the brother, played a crucial role in the decision to establish a new venture in India [19][25] Group 2: Company Formation and Growth - The company, later known as Zoho, was founded with a vision to create technology products in India, employing over 19,000 people globally and serving millions of customers [26] - The narrative emphasizes the importance of collaboration among family members and friends in the early stages of the company’s formation [22][25] - The success of the company is presented as a counter-narrative to the brain drain phenomenon, suggesting that returning to India can lead to significant growth and innovation [27][28]