» EconomicsAccording to a new report from the Federation for American Immigration Reform, the single largest cost of illegal immigration is educating the children of illegal aliens. Of the estimated $113 billion the U.S. spends on illegal immigration annually, roughly $52 billion goes toward educating the children of illegal aliens. The report, The Fiscal Burden of Illegal [...] The world has been turned upside down: Socialism is on the rise in the U.S. and capitalism is on the rise in China. The former is a result of an uneducated electorate that fails to understand socialism’s history of producing poverty; the latter is a result of pragmatic leadership able to put aside communist ideology [...] According to a recent Newsweek article titled “The Creativity Crisis,” research shows that American creativity is declining for the first time. If this trend continues, the nation’s economic and national security will be at risk. The research is based on results of the Torrance Test of Creative Thinking, which has been used to test American creativity [...] What if Deng Xiaoping, the architect of China’s economic rise, was also secretly the architect of China’s quest for military dominance? It’s not a far-fetched theory. Two decades ago, Deng advised his colleagues to “hide your brightness, bide your time.” The way to move stealthily would be to focus on economics first. A strong economy is [...] The U.S. military needs to reinvent itself. If it continues to hold on to antiquated paradigms, U.S. national security could be at risk. Consider what’s happening in China. The nation’s rapidly growing economy has enabled it to significantly increase its military budget. Over the past decade, China’s military-related spending has roughly doubled. In a recent issue of [...] One significant way Asian cultures differ from Western cultures is that group identity is more important than individual identity. This factor limits the ability of Asians to “think outside the box.” I’ve had the opportunity to learn much about group identity in Asian cultures while living in Japan over the past year and a half and [...] I recently traveled to Cambodia to research their education system. During my visit, I stopped by the campus of the Royal University of Phnom Penh, the oldest and largest university in the nation, to talk to professors, administrators, and students. I also visited the Chroy Changvar Primary School in Phnom Penh where I observed students [...] During a recent visit to Malaysia, I had the opportunity to visit the University of Malaya (UM). Located in Kuala Lumpur, UM is the highest ranking and oldest university in Malaysia. According to the Times Higher Education-QS World University Rankings 2009, it’s ranked as the 180th best university in the world. Dr. Mahzan Arshad, associate professor of [...] I recently traveled to Singapore to research their national education system. During my visit, I stopped by the campuses of the National University of Singapore (NUS) and the National Institute of Education (NIE)—Singapore’s only teacher-training institute—to talk to professors, administrators, and students. According to the Times Higher Education-QS World University Rankings 2009, both universities rank in [...] On a recent trip to Korea, I visited Gwanghwamun Plaza in Seoul and saw magnificent statues of two Korean heroes: King Sejong the Great and Admiral Yi Sun-shin. Both men were remarkably creative. Their accomplishments exemplify Korea’s rich history of innovation. King Sejong was the fourth king of the Joseon Dynasty. In the 15th century, he created [...] Korea is currently one of the most innovative countries in the world. This was made possible in part by the establishment of a national innovation system by the Korean government shortly after the First Five Year Plan for Economic Development was introduced in 1962. Over the past half century, the government has implemented a series of [...] In the city of Shenzhen, directly north of Hong Kong, universities have been setting up research institutes in the Shenzhen Virtual University Park. Among them are four of the top five Hong Kong universities: Hong Kong University of Science and Technology, Chinese University of Hong Kong, City University of Hong Kong, and Hong Kong Polytechnic [...] Shenzhen Virtual University Park is situated within the Shenzhen Hi-tech Industrial Park (Shenzhen HIP), which focuses on the development of biology, electronics, information technology, optical electromechanical integration, pharmaceuticals and other high-tech industries. Shenzhen HIP serves as center for collaborative projects between university research institutes, investors, and high-tech firms that transform scientific and technological achievements into [...] The research institutes set up by universities in the Shenzhen Virtual University Park consist of labs, classrooms, and administrative offices. They offer training to research staff and students, establish high-tech enterprises, develop advanced technologies, and commercialize research outputs. The park has produced tens of thousands of postgraduates. The Shenzhen Virtual University Park in China is a win-win situation for the city of Shenzhen and the Hong Kong universities setting up research facilities there. Prior to the park’s opening, there were only two colleges in Shenzhen. More were required to train enough workers for the burgeoning manufacturing hub. So Shenzhen built the park [...] In the current issue of BusinessWeek, Michelle Conlin writes that the percentage of top MBAs from U.S. universities who are taking jobs in Asia has more than doubled since 2005. It’s now over 10 percent of the graduating class. What’s luring them to the East? More opportunities to make an impact, work in an emerging market, [...] While immigrants represent only 12 percent of the U.S. population, their economic and intellectual contributions have been significant. They’ve started more than half of the technology companies in Silicon Valley and contributed to over one quarter of U.S.-originated international patents. Offering skilled immigrants permanent residence instead of temporary visas will increase the number who come to [...] In order for the U.S. to maintain its competitive edge in the global economy, it needs to focus on attracting skilled professionals. One of the best ways to do this is by allowing more skilled immigrants to become permanent residents. I’m not talking about unskilled, illegal immigrants who sneak in the back door. The kind of [...] Yesterday, I blogged about the StartUp Visa Act. Proposed by U.S. Senators John Kerry (D-MA) and Richard Lugar (R-IN) , the act would provide incentive for immigrant entrepreneurs to create jobs in the U.S. The StartUp Visa Act is a step in the right direction. It will help keep jobs and innovation in the U.S. These [...] U.S. Senators John Kerry (D-MA) and Richard Lugar (R-IN) recently proposed the StartUp Visa Act, which would provide incentive for immigrant entrepreneurs to create jobs in the U.S. If passed, the act would create a two-year visa for any immigrant entrepreneur who can secure at least $250,000 from U.S. investors. At the end of the two [...] |
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