By Vivek | WRAL TechWire - Part 3
By Vivek

By Vivek


Posts by By Vivek


Before You Write a Business Plan …

Editor’s note: Vivek Wadhwa is Wertheim Fellow at the Harvard Law School and executive in residence at Duke University. He is a tech entrepreneur who founded two technology companies, including Relativity Technologies in Cary. This article is reprinted with permission of BusinessWeek. DURHAM – Before I launched my last startup, I prepared a business plan exactly as I had been taught in business school. I was determined to lure professional investors, and I thought the key lay in creating lofty financial projections and carefully documenting the details. If all went according to my 40-page plan, my software company would...

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The Myth about a Science Education Gap

Editor’s note: Vivek Wadhwa, a Triangle-based entrepreneur, is now an executive in residence at Duke University and is a fellow at the Harvard Law School. He writes a column for BusinessWeek online, which granted permission to reprint a portion of his commentary. Wadhwa and fellow researchers have written extensively about engineer graduation rates in the U.S., India and China as well as the ongoing U.S. debate about immigration policies toward engineers and scientists. DURHAH – Political leaders, tech executives, and academics often claim that the U.S. is falling behind in math and science education. They cite poor test results,...

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The Visa Shortage: Big Problem, Easy Fix

Editor’s note: Vivek Wadhwa, a Triangle-based entrepreneur, is now an executive in residence at Duke University and is a fellow at the Harvard Law School. He writes a column for BusinessWeek online, which granted permission to reprint a portion of his commentary. Wadhwa and fellow researchers have written extensively about engineer graduation rates in the U.S., India and China as well as the ongoing U.S. debate about immigration policies toward engineers and scientists. DURHAM – Signs with the words "U.S. citizens and permanents only" greeted students at employers’ booths at a recent career fair at Duke University, where I...

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Who Needs the Ivies?

Editor’s note: This article is reprinted with permission of BusinessWeek. Vivek Wadhwa, the founder of two software companies, is an Executive-in-Residence/Adjunct Professor at Duke University. He is also the co-founder of The Indus Entrepreneurs (TiE) Carolinas, a networking and mentoring group. CHAPEL HILL, N.C. – I must confess to being disappointed five years ago when my son, Vineet, told me he had no interest in applying to any of the schools I consider elite. He said he would fit in better at a public state university and he didn’t believe that choice would lessen his chances of career success....

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The Reverse Brain Drain

Editor’s note: This article is reprinted with permission of BusinessWeek. Vivek Wadhwa, the founder of two software companies, is an Executive-in-Residence/Adjunct Professor at Duke University. He is also the co-founder of The Indus Entrepreneurs (TiE) Carolinas, a networking and mentoring group. For the first time in its history, the U.S. faces the prospect of a reverse brain drain. New research by my team at the Pratt School of Engineering at Duke University shows that more than 1 million highly skilled professionals such as engineers, scientists, doctors, researchers, and their families are in line for a yearly allotment of only...

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Why Small Tech Companies Aren’t Outsourcing

Editor’s note: Vivek Wadhwa, the founder of two software companies, is an executive-in-residence and adjunct professor at Duke University. He is also the co-founder of TiE Carolinas, a networking and mentoring group. This article is reprinted with the permission of BusinessWeek. DURHAM, N.C – A common misconception is that today’s outsourcing trend was driven by the tech industry. Even The Wall Street Journal ran a recent front-page article saying that Silicon Valley had helped power India’s outsourcing boom by shifting sophisticated technology jobs there. While the industry does indeed outsource, it has had a minimal impact on the trend...

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Outsourcing Research and Development Poses Major Risk for U.S.

Editor’s note: Vivek Wadhwa, a serial entrepreneur, is the Executive in Residence at Duke’s Pratt School of Engineering. DURHAM, N.C. – At Duke University we had published a study in 2005 on the engineering graduation rates of India/China and the U.S., which received extensive attention. We’ve spent the last 15 months researching this topic further and are releasing the latest data in a report in the National Academy of Sciences magazine – “Issues in Science and Technology”. This new report presents lots of new information which has not been published before – even in India and China. It raises...

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America’s New Immigrant Entrepreneurs

Editor’s note: Vivek Wadhwa is an immigrant from India who moved to the U.S. in 1980. The founder of two software companies, he is presently an executive in residence at Duke University. DURHAM, N.C. – Two of the most important questions now being debated in the U.S. are the effects of globalization and immigration on the nation’s economy. Globalization is accelerating, and it is still not clear whether trends like outsourcing will erode U.S. competitiveness or provide long-term benefits. The focus of the immigration debate is on the plight of millions of unskilled immigrants who have entered the U.S....

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