Flight Capital: The Alarming Exodus of America's Best and Brightest

329 Pages·2005·1.31 MB·English

by  David Heenan

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F L I G H T C A P I T A L
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ALSO BY DAVID HEENAN
Double Lives
Co-Leaders
WITH WARREN BENNIS
The New Corporate Frontier
The Re-United States of America
Multinational Organization Development
WITH HOWARD PERLMUTTER
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F L I G H T
C A P I T A L
THE ALARMING EXODUS OF
AMERICA’S BEST AND BRIGHTEST
D AV I D H E E N A N
Davies-Black Publishing
Mountain View, California
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To the Pao family
with admiration and respect
Published by Davies-Black Publishing, a division of CPP, Inc., 1055 Joaquin Road,
Suite 200, Mountain View,CA 94043; 800-624-1765.
Special discounts on bulk quantities of Davies-Black books are available to corporations,
professional associations, and other organizations. For details, contact the Director of
Marketing and Sales at Davies-Black Publishing: 650-691-9123; fax [phone].
Copyright © 2005 by David Heenan. All rights reserved. No part of this book may be
reproduced, stored in a retrieval system, or transmitted in any form or by any means,
electronic, mechanical, photocopying, recording, or otherwise, without written permis-
sion of the publisher,except in the case of brief quotations embodied in critical articles
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Davies-Black and its colophon areregistered trademarks of CPP,Inc.
Visit the Davies-Black Publishing Web site at www.daviesblack.com.
09 08 07 06 05 10 9 8 7 6 5 4 3 2 1
Printed in the United States of America
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Heenan, David, A.
Flight capital : the alarming exodus of America’s best and brightest / David Heenan.
— 1st ed.
p. cm.
Includes bibliographical references and index.
ISBN 0-89106-202-5 (hardcover)
1. Brain drain—United States. 2. Professional employees—United States. 3. United
States—Emigration and immigration—Government policy. 4. Return migration——
Economic aspects. 5. Globalization—Economic aspects. I. Title.
HD8038.A1H44 2005
331.12¢791—dc22
2005019997
FIRST EDITION
First printing 2005
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“Man cannot discover new oceans unless he
has courage to lose sight of the shore.”
—André Gide
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contents
Preface xi
Acknowledgments xv
About the Author xix
1 • Heading Home 1
2 • Irish Uprising 25
3 • Miracle On Ice 57
4 • India Rising 89
5 • Home to the World 119
6 • The China Syndrome 143
7 • Cross-Strait Competition 175
8 • Mideast Miracle 197
9 • Bienvenidos, Amigos 223
1 0 • Confronting the Future 247
Notes 269
Index 299