Word: silicones
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...Europe. America's high-tech sector in particular has an unusual concentration of Indian workers. Some 13% of all private, venture-backed start-up companies in the U.S. are founded by Indian immigrants, according to a study released this month by the National Venture Capital Association. Many of Silicon Valley's high-tech leaders are of Indian origin, among them Prabhakar Raghavan, 45, head of Yahoo!'s research division. After finishing college in India, Raghavan migrated to the U.S. and earned a Ph.D. in computer science at the University of California, Berkeley, before joining IBM. "Indians are looked upon...
...diaspora has spread beyond Silicon Valley. Indian-born executives have in recent years taken the reins at some of the world's biggest companies. Arun Sarin, a native of Madhya Pradesh in central India, is CEO of Britain's Vodafone. Three months ago, Indra Nooyi was named CEO of PepsiCo after serving five years as the U.S. beverage giant's CFO. Indians have credibility as managers, says Hemant Luthra, head of the Systems & Automotive Technologies division at Indian car-and-tractor manufacturer Mahindra & Mahindra. This was not always so. Luthra remembers visiting Hong Kong in 1991 when India's government...
...strengthened. More important, the Mexican business culture does not carry much appetite for risk in its DNA or an appreciation for failure. As a result, at least for the time being, a government-supported business incubator for its most promising start-ups has also migrated across the border--to Silicon Valley...
...philanthropy. Clean tech, as he sees it, promises serious returns that could rival any Internet success. In fact, Khosla wagers that the Googles and Yahoos of clean tech have yet to emerge. "Energy is subject to the same sort of scientific breakthroughs, innovation and entrepreneurial efforts that have characterized Silicon Valley's impact in microprocessors, PCs, biotechnology, telecommunications and the Internet," Khosla tells TIME. The promise of today's green tech boom, however, isn't just sky-high IPOs. Khosla is betting that his investments, along with his own bold policy ideas, will speed the creation of a clean tech...
...Since starting his own investment firm in 2004, the 51-year-old engineer has become a self-styled green maverick in Silicon Valley, pouring tens of millions of his own fortune into clean energy startups and spurring infusions of private capital from Wall Street and other venture capitalists into alternative energy ventures. "We can replace all of our gasoline with ethanol-like fuels," Khosla says. His timeline: 25 years. But he's not waiting for the feds to hand out grants; he's investing in promising startups like Amyris Biotechnologies in Emeryville, Calif., which is bioengineering microbes that produce alternative...