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Even if China and India really are surging ahead in the number of technical graduates (and research by Vivek Wadhwa of Harvard University casts doubt on the quality of many of those degrees), innovation is not a zero-sum game.
Aside from having an existing relationship with Infocomm Investments, EF co-founder and CEO Matt Clifford tells me Singapore was chosen for the programme's first international expansion because it has a rich source of technical graduates and a burgeoning startup ecosystem in which EF can make a real difference.
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In the previous tech booms, a steady stream of top-notch technical graduates from other countries helped fill the recruiting needs of startups flush with VC money.
In "The Venturesome Economy", a provocative new book, he explains why he thinks this gloomy thesis misunderstands innovation in several fundamental ways.First, he argues that the obsession with the number of doctorates and technical graduates is misplaced because the "high-level" inventions and ideas such boffins come up with travel easily across national borders.
However, the potential for upgrading the quality of the average Indian technical graduates remains to be harnessed.
In today's world of highly technical graduate education, students find it difficult to obtain exposure to international agriculture due to the extreme constraints on their time.
Most participants were graduates of technical college (N = 10), with two graduates from junior colleges, and two from universities.
In addition, many of my friends didn't make a lot of technical progress in graduate school because good schools generally keep students too busy to really process the information they get from their teachers.
Since the entrance of the graduates of technical high schools to engineering programs is hindered, in application, graduates of general or science high schools are only accepted into engineering education.
Changed regulations allowed graduates of technical high schools to enroll in majors previously restricted to graduates of more elite academic high schools.
For non-technical graduates, however, it's not so simple — nearly half of all recent college grads are underemployed.
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