Last week an amazing executive order paid $ 100,000 fees to new H -1B Visa applications, worrying the US technology industry and resurrected the long -running debate: skilled immigrant competitors for American jobs, or important driver of innovation?
This week’s Gikwire Podcast Guest, Shirish NadkarniThis debate is first known.
A Microsoft veteran and serial entrepreneur whose initiatives were acquired by Blackberry and Roseta Stone, Nadkarni migrated from India decades ago. His new book, The success story of Indian American technologyThis case creates that immigrant founders – especially from India – one of the largest economic resources in America.
Nadkarni explained that this wave of immigrant -led innovation is not an accident, but the direct result of the US policy policy at that time. He pointed to the main law with the pivotal Heart-Seller Act of 66565, which opened the door to skilled immigrants from countries like India and China, who had long been dropped under the previous immigration law.
As he writes in the book, that policy change is fully matched with the rise of the technology industry and the establishment of an organization like the Indian Technology Institutes (IIT). It has created a pipeline of talent, finally enhances the rise of Silicon Valley, Seattle and other technology centers, and today’s entrepreneur forms the foundation of ecology
He says that the same kind of mentality today is critical, especially for winning the AI race in the United States.
“If we do not take the best talents around the world to help us, how do we compete with China?” He told us during the podcast conversation.
Nadkarni called for immigration reforms to unlock more entrepreneurship-to remove the country’s caps on the green-card system from a dedicated startup visa. The current backlog for Indian applicants is more than a decade, he says that many IIT graduates are an obstacle that has been discouraged from following a career in the United States
He said he hopes that the new H -1B fee will be successfully challenged to court.
Even with this push, Nadkarni said that he was optimistic about the future of US innovation. “We have the best mind in the world,” he said. “I hope they find any way to come to and contribute to the US economy and we will continue to be really great startups.”
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Related links and stories
- Startup leaders: New $ 100k H -1B Visa Fees will hit our entrepreneur and innovation
- How the new tie Seattle president can spread the $ 100k H -1B fee entrepreneur flame
- Will the new US visa fee increase Canada? BC sees an opening against Seattle and Silicon Valley
Editing audio by Cart Milton.