Word: saxenian
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According to AnnaLee Saxenian, an associate professor of city and regional planning at the University of California, Berkeley, about one-third of the engineers in Silicon Valley are of Indian descent, while 7% of valley high-tech firms are led by Indian ceos. Some successes are well known, such as Vinod Khosla, co-founder of Sun Microsystems, and Sabeer Bhatia, who founded HotMail and sold it to Microsoft for $400 million. The number of Indian American New Economy millionaires is in the thousands. Massachusetts' Gururaj Deshpande, co-founder of a number of network-technology companies, is worth between $4 billion...
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