Comments on: A Simple Way To Help Keep America Competitive http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/ The Art and Science of Entrepreneurs Fri, 12 Mar 2010 15:28:38 +0000 http://wordpress.org/?v=2.0.5 by: Dave http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-1088 Wed, 29 Aug 2007 02:43:37 +0000 http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-1088 Actually, there is very little evidence that more scientists are needed. In fact, all evidence points to the contrary. Consider the $35,000 salary of a typical biomedical postdoc fellow, and the grim career prospects of a recently minted Ph.D. If the demand for scientists truly outstripped demand, then salaries would be higher for qualified biomedical Ph.D.s. My answer to the companies that are demanding more scientists is simple: reward us financially for our expertise and hard work, and more people will follow in our footsteps. Actually, there is very little evidence that more scientists are needed. In fact, all evidence points to the contrary. Consider the $35,000 salary of a typical biomedical postdoc fellow, and the grim career prospects of a recently minted Ph.D. If the demand for scientists truly outstripped demand, then salaries would be higher for qualified biomedical Ph.D.s. My answer to the companies that are demanding more scientists is simple: reward us financially for our expertise and hard work, and more people will follow in our footsteps.

]]> by: Andy http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-914 Tue, 07 Aug 2007 13:48:39 +0000 http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-914 So China produces about 3x the engineers as the US does. Doesn't China have about 3x the population? A somewhat more relevant number might be the percentage of university grads that are science/engineering majors; without actually knowing this, I assume its higher in China and India. This might be a greater cause for concern, but with all those engineers, who is majoring in business management? That is where America's competitive advantages lie; putting talent to work for us. So China produces about 3x the engineers as the US does. Doesn’t China have about 3x the population? A somewhat more relevant number might be the percentage of university grads that are science/engineering majors; without actually knowing this, I assume its higher in China and India. This might be a greater cause for concern, but with all those engineers, who is majoring in business management? That is where America’s competitive advantages lie; putting talent to work for us.

]]> by: David Shantz http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-678 Tue, 17 Jul 2007 19:35:37 +0000 http://alsop-louie.com/technology/a-simple-way-to-help-keep-america-competitive/#comment-678 Global business is practically independent of national boundaries. But consider taking a page from GE’s playbook, open up immigration to the best talent from abroad. The fact is, the US has the greatest equity in terms of freedom and wealth. Why not capitalize on it ? This is a classic management play – recruiting the best possible talent, even if that talent is poached from the competitors... but the question remains, what to do about the bottom 10%.... Global business is practically independent of national boundaries. But consider taking a page from GE’s playbook, open up immigration to the best talent from abroad. The fact is, the US has the greatest equity in terms of freedom and wealth. Why not capitalize on it ?

This is a classic management play – recruiting the best possible talent, even if that talent is poached from the competitors… but the question remains, what to do about the bottom 10%….

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