'Startup' Visas Could Boost U.S. Entrepreneurship

A bill has been introduced to offer visas to highly educated immigrants in jobs and schools here so they can stay if they start businesses. This will help the "brain drain". - - Donna Poisl

New legislation aims to keep skilled workers in the country if they start companies that create American jobs

By Vivek Wadhwa

There has been little to be optimistic about on the immigration reform front, of late. The Dream Act, which would create a path to citizenship for children of illegal immigrants, failed in the Senate last year despite starting with bipartisan support. Meanwhile, skilled immigrants trapped in "immigration limbo" have been voting with their feet. Because we did not provide them with visas, and because of greater opportunities abroad, highly educated workers are returning home to such countries as India and China. As a result, entrepreneurship is booming in those countries and not in the U.S.

But there is hope on the horizon.
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