Business and Administration

by Wendy Kaufman August 23, 2011 As the economy continues to sputter, many policymakers are looking to entrepreneurs to create new jobs. And many foreign-born, highly skilled entrepreneurs want to come to the United States and stay here, but immigration laws and policies haven't made that easy. In an effort to change that, the White House recently announced more flexible policies for granting visas. But many innovation experts say the changes aren't enough. Andrew Nicol is a young entrepreneur who was born in Australia and attended law school in the U.S. After graduation, he got an employer-sponsored visa that allowed him to work in New York. But when Nicol wanted to leave his day job and start a company, he was stymied. Leaving his job meant losing his visa. So Nicol decided to go to Chile. "I'm basically leaving New York to come to Santiago to start a business that targets New York consumers just because it's so much easier to do it from here, and there is so mu...