International doctoral talent has historically powered university research and science and technology innovation in the U.S. But with global competition for top researchers intensifying as federal support and funding for doctoral research programs is waning, the country’s competitive edge in STEM research is under threat. Learn how recent policy changes and demographic shifts are affecting businesses, along with five strategic steps companies can take to protect their access to STEM talent.
Key Points
- The U.S. faces a talent crisis in STEM due to reduced federal funding and increased competition for researchers.
- Historically, non-U.S. citizens have significantly contributed to STEM doctoral programs, particularly from China.
- Immigration barriers and shifting demographics are causing a decline in the number of international doctoral candidates.
- Federal budget cuts are forcing universities to limit admissions and research programmes, further straining the talent pipeline.
- Businesses rely heavily on university research for innovation, and a diminishing talent pool could harm future technological progress.
- Companies can take proactive measures to attract and retain top international talent through various strategies.
Why should I read this?
If you’re in the business sector, this article is a must-read! It dives into the pressing issues surrounding STEM talent shortages that could impact your innovation and competitive edge. With five strategies outlined for businesses to safeguard access to this vital talent pool, the article arms you with actionable insights that could make a real difference. Don’t let your competitors get ahead while you sit back—read on and find out how to stay in the game!