Brain drain or human capital flight is a large emigration of individuals with technical skills or knowledge Human capital refers to the stock of skills and knowledge embodied in the ability to perform labor so as to produce economic value. It is the skills and knowledge gained by a worker through education and experience. Many early economic theories refer to it simply as workforce, one of three factors of production, and consider it to be a fungible, normally due to conflict War is a reciprocated, armed conflict between two or more non-congruous entities, aimed at reorganising a subjectively designed, geo-politically desired result. In 2003, Nobel Laureate Richard E. Smalley identified war as the sixth biggest problems facing humanity for the next fifty years. In his book On War, Prussian military theoretician Carl, lack of opportunity, political instability, or health risks A disease or medical condition is an abnormal condition of an organism that impairs bodily functions, associated with specific symptoms and signs. It may be caused by external factors, such as infectious disease, or it may be caused by internal dysfunctions, such as autoimmune diseases. Brain drain is usually regarded as an economic Economics is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)". Current economic cost, since emigrants usually take with them the fraction of value of their training Education in its broadest sense is any act or experience that has a formative effect on the mind, character or physical ability of an individual. In its technical sense education is the process by which society deliberately transmits its accumulated knowledge, skills and values from one generation to another sponsored by the government A Government is the body within a community, political entity or organization which has the authority to make and enforce rules, laws and regulations.[citation needed]. It is a parallel of capital flight Capital flight, in economics, occurs when assets and/or money rapidly flow out of a country, due to an economic event that disturbs investors and causes them to lower their valuation of the assets in that country, or otherwise to lose confidence in its economic strength. This leads to a disappearance of wealth and is usually accompanied by a sharp which refers to the same movement of financial capital Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc. The term was coined by the Royal Society The Royal Society of London for the Improvement of Natural Knowledge, known simply as the Royal Society is a learned society for science that was founded in 1660 and is considered by most to be the oldest such society still in existence. Although a charitable body, it serves as the Academy of Sciences of the United Kingdom . Fellowship, granted to describe the emigration of "scientists A scientist, in the broadest sense, is any person who engages in a systematic activity to acquire knowledge or an individual that engages in such practices and traditions that are linked to schools of thought or philosophy. In a more restricted sense, a scientist is an individual who uses the scientific method. The person may be an expert in one and technologists" to North America North America is the northern continent of the Americas, situated in the Earth's northern hemisphere and in the western hemisphere. It is bordered on the north by the Arctic Ocean, on the east by the North Atlantic Ocean, on the southeast by the Caribbean Sea, and on the west by the North Pacific Ocean; South America lies to the southeast. North from post-war World War II, or the Second World War , was a global military conflict which involved most of the world's nations, including all great powers, organised into two opposing military alliances: the Allies and the Axis. The war involved the mobilisation of over 100 million military personnel, making it the most widespread war in history. In a state of Europe Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural River, the Caspian Sea, the Caucasus Mountains (or the Kuma-Manych Depression), and the Black Sea to the southeast. Europe is bordered.[1] The converse phenomenon is brain gain, which occurs when there is a large-scale immigration of technically qualified persons. Brain drain can be stopped by providing individuals who have expertise with career opportunities and giving them opportunities to prove their capabilities.[citation needed]
Brain drains are common amongst developing nations, such as the former colonies of Africa Africa is the world's second-largest and second most-populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area. With a billion people (as of 2009, see table) in 61 territories, it accounts for about 14.8% of the World's human population,[2] the island An island or isle (/ˈaɪl/) is any piece of land that is surrounded by water. Very small islands such as emergent land features on atolls are called islets. A key or cay is another name for a small island or islet. An island in a river or lake may be called an eyot, /ˈaɪ.ət/. There are two main types of islands: continental islands and oceanic nations of the Caribbean The Caribbean is a region consisting of the Caribbean Sea, its islands , and the surrounding coasts. The region is located southeast of the Gulf of Mexico and Northern America, east of Central America, and to the north of South America,[3] and particularly in centralized economies such as former East Germany The German Democratic Republic was a communist state that originated from the Soviet Zone of occupied Germany and the Soviet sector of occupied Berlin. The German Democratic Republic existed from 7 October 1949 until 3 October 1990, when its re-established states acceded to the adjacent Federal Republic of Germany, thus producing the current form and the Soviet Union The Union of Soviet Socialist Republics was a constitutionally socialist state that existed in Eurasia from 1922 to 1991. The name is a translation of the Russian: Союз Советских Социалистических Республик (help·info), tr. Soyuz Sovetskikh Sotsialisticheskikh Respublik, IPA [sɐˈjʊs sɐˈvʲeʦkʲɪx səʦɪ, where marketable skills were not financially rewarded.
The Huntsville Times - al.com
The impending brain drain at NASA comes as the space agency approaches a critical crossroads. The space shuttle program is winding down. ...
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Sat, 17 Oct 2009 14:22:17 GM
Editor's note : This is a guest post by Vivek Wadhwa , an entrepreneur turned academic. He is a Visiting Scholar at UC-Berkeley, Senior Research Associate at Harvard Law School and Executive in Residence at Duke University.
