Ask a child if there is a shortage of ice cream in the world, and no doubt, the response will be an emphatic yes—there certainly is. And ask a tech CEO if there is a shortage of engineers, and you will get the exact same answer.
That’s the story I used to tell, based on my research on engineering graduation rates and outsourcing trends. In 2005, my team shattered the myths about India and China graduating 12 times the numbers of engineers as the U.S. (we found that the U.S. graduated more than India did in 2004, and the quality of Indian and Chinese graduates was not comparable to that of American schools). And our survey of 78 executives from companies that Lou Dobbs (remember him?) harangued for “Exporting America” revealed that they weren’t going offshore because of shortages of U.S. talent or deficiencies in the skills of Americans, but because it was cheaper and these companies needed to be closer to growth markets.
To read the full, original article click on this link: Shortage of Engineers or a Glut: No Simple Answer
Author: Vivek Wadhwa
