Umair Haque / Bubblegeneration

Tuesday, December 21, 2004

Innovation Engine

Indian apps to American grad programs drop 28% this year; Chinese apps drop 45%. European apps are up - talent is being displaced by transaction costs, like retardedly lengthy visa apps.

Absolutely shocking stuff - confirmation of systemic problems in innnovative capacity to come.

-- umair // 2:36 PM // 1 comments

Comments:

Such events rarely are are so one dimensional ..visa issues leading to drop in number of application - there could be multiple reasons for this decline. And one of those reasons is definitely the near double digits growth in both these countries.

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Anonymous // 9:44 PM