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    樓主: reduce_fat
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    [財(cái)經(jīng)英語(yǔ)角區(qū)] 20120612 Follow Me 397 Let the job-creators in (with comments) [推廣有獎(jiǎng)]

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    reduce_fat 發(fā)表于 2012-6-11 00:36:12 |只看作者 |壇友微信交流群|倒序 |AI寫論文

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    Let the job-creators in

    America’s government should give more visas to people with ideas

    Jun 9th 2012 | from the print edition


    Original article's link: http://www.economist.com/node/21556579


    BOTH political parties in America claim to love entrepreneurs. Barack Obama waxes lyrical about “a society that empowers the inventor and the innovator; where men and women can take a chance on a dream.” Mitt Romney, who once started a company himself, says much the same. Yet America’s immigration system is strangely unwelcoming to foreign entrepreneurs, even as other nations roll out the red carpet.


    For plenty of historical and cultural reasons, the home of Hollywood and Silicon Valley is frequently still the first choice for people who want to start a business. But not at any price. The tale of Claudio Carnino, a young Italian who wanted to create games for mobile phones that other firms could then use to advertise their products, is fairly typical. Investors in Rhode Island were willing to back him, but only if he could stay in the country. Mr Carnino discovered that he was likely to be refused a visa, and that even if he got one, he would face a long wait—in which case his games would probably be out of date before he got it. So he took his idea to Chile instead. He was granted a visa in two weeks, and is now on his second start-up, running a firm called FanChimp that helps companies find new customers through Facebook.


    Chile is one of several countries to have made a big effort to attract entrepreneurs (see article). Britain offers visas to people with promising ideas who attract &pound;50,000 ($77,000) of venture capital to back them. Singapore requires an investment of only $40,000. New Zealand demands no specific sum, but grants permanent residency after two years if the business is “beneficial to New Zealand”. Chile vets business plans and gives the best ones $40,000 without taking any equity in return. America, by contrast, has no specific visa for start-ups. It does give visas to investors, but the terms are so tough—applicants must typically put up $1m—that the annual quota of 10,000 such visas often goes unfilled.


    No immigration system is perfect. All must juggle competing interests. Some citizens simply dislike foreigners, and their views cannot be wished away. Some countries are crowded—though that does not stop Singapore from welcoming foreign talent. All countries, however, need entrepreneurs to create new businesses, new products and new jobs. And migrants are unusually likely to have the necessary get-up-and-go: 40% of Fortune 500 companies were founded by immigrants or their children. There is no easy way to spot the next Andy Grove or Vinod Khosla (the foreign-born co-founders of Intel and Sun Microsystems). But the costs of trying are negligible.


    How much does it cost to stamp a passport?


    Like governments elsewhere, America’s politicians are pretty lousy venture capitalists. But it seems a little odd, if a private investor wants to risk money on a new venture, for a government to strangle the business at birth simply because the founder is a foreigner. If the sum to be invested is above a certain minimum—say, $10,000, which is plenty for an online start-up—the entrepreneur should get a visa. And he or she should get it quickly. America often leaves would-be immigrants in limbo for years. Other countries, such as Canada and New Zealand, have streamlined and digitised the process. The country that gave the world McDonald’s should understand that speed matters.


    There are fortunately other entrances to America for entrepreneurs: on student visas, as employees or, like Sergey Brin of Google, as children. But here, too, America is lagging. Relative to its population, Australia grants 13 times as many permanent visas on the basis of skills. It isn’t just the boost from China’s boom that explains why Oz is growing faster.



    My Original Comments:


    I did not analyze the whole article but a couple of main issues mentioned in the article. Many of western developed countries own high technology and are capital intensive countries. However, the sizes of government controlled companies are too big and ought to shrink because of less competition between government controlled companies in these developed countries. On the other hand, the number of the private owned business companies should be increased, so these governments should welcome more entrepreneurs to invest and build new companies in the U.S. than now. As new business companies were founded, more competition among these companies would occur that would promote technology advancement and productivity enhancement. Although some people may argue that manufacture sector would shrink as higher skill required for completing work, entrepreneurs still support service sectors, such as tourism and catering, in their private companies for low-skill job seekers. Thus, the U.S. government and other developed countries’ governments should set easier policies to promote more talented entrepreneurs to create more jobs in their countries than the current situation.


    Even though this article talked about situations in western developed countries, China, as an eastern economic giant in the globe, could also take advantage of the successful job creation experiences occurred in these western developed countries. The reason is that China is not a capital intensive country currently, but China’s technology and workers’ productivity have significantly improved since a couple of decades ago. The entrepreneurs in the world should believe investing in China, such a huge potential market, would bring numerous profits for them. Meanwhile, the central government could set easier investment entry policies and higher supervision measures to welcome investors creating more jobs in China and avoid the moral hazard problem from occurring at the same time.

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    aabjason 發(fā)表于7樓  查看完整內(nèi)容

    Though there is room for American immigration system to improve, it did create a lot of great enterpreneurs who kept winning world reputations, Bill Gates, Jobs,Zuckerberg.... So, my thought is that America has the soil and advantaged system to cultivate entreprenuers. By contrast, more and more entrepreneurs(SME) expressed their difficulties in running business in China . They can not get loans ...

    danellv 發(fā)表于3樓  查看完整內(nèi)容

    Immigrating to Unites States is fairly difficult these days because people all over the world are going there. China should learn something from the States not for the immigration burdens but the benefits to attract talent people. Under this kind of political situation, no doubt we have a long way to go.

    happylife87 發(fā)表于2樓  查看完整內(nèi)容

    This may need trade-offs between getting people in and problems caused by immigrants. It is good to approve those with diplomas from famous universities or those who have good jobs in specific areas. By the way, US has many opportunities, but what one wants to pursue is key to making choices.
    已有 6 人評(píng)分經(jīng)驗(yàn) 論壇幣 學(xué)術(shù)水平 熱心指數(shù) 信用等級(jí) 收起 理由
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    happylife87 發(fā)表于 2012-6-11 14:10:01 |只看作者 |壇友微信交流群
    This may need trade-offs between getting people in and problems caused by immigrants. It is good to approve those with diplomas from famous universities or those who have good jobs in specific areas.
    By the way, US has many opportunities, but what one wants to pursue is key to making choices.
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    danellv 發(fā)表于 2012-6-12 11:22:02 |只看作者 |壇友微信交流群
    Immigrating to Unites States is fairly difficult these days because people all over the world are going there. China should learn something from the States not for the immigration burdens but the benefits to attract talent people. Under this kind of political situation, no doubt we have a long way to go.
    已有 1 人評(píng)分信用等級(jí) 收起 理由
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    reduce_fat 發(fā)表于 2012-6-12 14:23:52 |只看作者 |壇友微信交流群
    danellv 發(fā)表于 2012-6-12 11:22
    Immigrating to Unites States is fairly difficult these days because people all over the world are go ...
    China should set less restrictions but easier policies to promote more talented individuals to work in China than now. In addition, China needs a market with less government intervention to attract more investors to invest and exploit the potentially huge China's market than the current situation.
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    reduce_fat 發(fā)表于 2012-6-12 14:33:41 |只看作者 |壇友微信交流群
    happylife87 發(fā)表于 2012-6-11 14:10
    This may need trade-offs between getting people in and problems caused by immigrants. It is good to  ...
    Of course, the U.S. should approve talented and skillful people to be legal immigrants who can work at the U.S. without any problems, because these people are more productive than some American citizens and can siginficantly contribute to the U.S. economic growth. However, low-skill immigrants can be trained to be highly skillful workers by going to universities or colleges. The first thing low-skill people should do is to improve their English, and then learn major knowledge and improve various skills that needed to complete difficult and high rewarding jobs. The U.S. offers free ESL classes for legal immigrants, so people should take advantage of that opportunity to reduce their language barriers.

    Moreover, I agree with you that people could make choices among various jobs in America. Nevertheless, the more knowledge and skills people learn and own, the better chances they will receive more comfortable and higher paying jobs than now.
    已有 1 人評(píng)分學(xué)術(shù)水平 熱心指數(shù) 信用等級(jí) 收起 理由
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    zrl1984 發(fā)表于 2012-6-14 05:20:02 |只看作者 |壇友微信交流群
    大家都這么流利的寫英文,我都不好意思用中文說(shuō)了,咳咳!
    7
    aabjason 企業(yè)認(rèn)證  發(fā)表于 2012-6-14 09:55:39 |只看作者 |壇友微信交流群
    Though there is room for American immigration system to improve, it did create a lot of great enterpreneurs who kept winning world reputations, Bill Gates, Jobs,Zuckerberg.... So, my thought is that America has the soil and advantaged system to cultivate entreprenuers.
    By contrast, more and more entrepreneurs(SME) expressed their difficulties in running business in China . They can not get loans from banks. They have to spend a lot of money dealing with so-called civil servants. They fail to get enough supports from local governments. The result is that many of them choose to move out China with million RMB in their pockets. Therefore, what we should do now is to improve the whole system to help enterpreneurs(especial private businesses) to run their business instead of coming up with more measures to support State Owned Enterpises.
    My point is that issuing policies to elicit talents around world to China is good for innovation and enterpreneurship but we should clean our innovation environment and improve or reform our system before that.
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    cherrypeng 發(fā)表于 2012-6-14 10:27:47 |只看作者 |壇友微信交流群

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