International Students: Contributions to Economic Innovation and Development Universities as Economic Drivers: Measuring and Building Success Buffalo, NY September 26, 2011 Rahul Choudaha, Ph.D. Director of Development & Innovation World Education Services New York, NY rchoudah@wes.org 212-219-7313 Universities as sources of economic development and innovation • “…to provide prime New York City real estate, plus up to $100 million in infrastructure upgrades, in exchange for a university’s commitment to build or expand a world-class science and engineering campus here in our city.” Michael R. Bloomberg 2 © 2011 World Education Services, Inc. All rights reserved. Mobility of Global Talent 160,000 140,000 120,000 3,890 48,780 100,000 5,210 30,380 80,000 16,310 60,000 40,000 90,700 40,300 8,020 6,650 13,360 22,880 20,000 28,240 16,830 20,900 6,050 24,580 13,110 13,930 0 5,810 8,760 6,780 7,840 16,530 64,950 7,490 7,600 13,780 3,890 7,840 7,910 4,800 2,480 8,980 Fall 2009 Undergraduate Master's Doctorate National Science Foundation 2010 © 2011 World Education Services, Inc. All rights reserved. 3 Stagnant demand for STEM degrees… The Information Technology and Innovation Foundation (2010) 4 © 2011 World Education Services, Inc. All rights reserved. Total Graduate Enrollment by Field & Citizenship, Fall 2010 Council of Graduate School (2011) 5 © 2011 World Education Services, Inc. All rights reserved. Entrepreneurship Wadhwa. 2009 © 2011 World Education Services, Inc. All rights reserved. 6 Research Foreign-National Contribution to US Global Patents, 1997-2009 52.0 51.0 % of Patents Granted 50.0 49.0 48.0 47.0 46.0 45.0 44.0 43.0 42.0 41.0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 US Patent and Trademark Office 2010 © 2011 World Education Services, Inc. All rights reserved. 7 “Our central estimates suggest that a 10% increase in the number of foreign graduate students would raise patent applications by 4.7 %, university patent grants by 5.3 % and non-university patent grants by 6.7 %” Chellaraj, Maskuk, & Mattoo. 2005 © 2011 World Education Services, Inc. All rights reserved. 8 Remittances Migration Policy Institute 2010 © 2011 World Education Services, Inc. All rights reserved. 9 Nepal 23.8 % Formal Remittances as % of GDP in 2009 (Migration Policy Institute 2010) Rank Country Students 1 China 127,628 2 India 104,897 3 South Korea 72,153 4 Canada 28,145 5 Taiwan 26,685 6 Japan 24,842 7 Saudi Arabia 15,810 8 Mexico 13,450 9 Vietnam 13,112 10 Turkey 12,397 11 Nepal 11,233 12 Germany 9,548 13 UK 8,861 14 Brazil 8,786 15 Thailand 8,531 Institute of International Education Open Doors 2010 © 2011 World Education Services, Inc. All rights reserved. 10 Capacity Enhancement http://news.xinhuanet.com/english2010/china/2011-03/11/c_13773804.htm © 2011 World Education Services, Inc. All rights reserved. 11 Capacity Enhancement and Brain Circulation “a two-way “brain circulation” with potential benefit to both the United States and these emerging economies….” Wadhwa et.al. (2011.) 12 © 2011 World Education Services, Inc. All rights reserved. Trends in next 5 years… Trends Challenges Future Directions • Global student mobility will continue to be strong, especially for the US • Future growth in innovation and development will continue to be driven by global talent • Good quality institutions, employment prospects and career advancement in home countries will pose competition for student mobility • Mobility of students and high-skilled professionals is not a zero-sum game • Every effort should be made to enhance talent mobility 13 © 2011 World Education Services, Inc. All rights reserved. Feedback / Comments Rahul Choudaha rchoudah@wes.org 212-219-7313 14 © 2011 World Education Services, Inc. All rights reserved.