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Puerto Vallarta News NetworkTechnology News | October 2006 

Mexico Out to Develop Own Technology Firms
email this pageprint this pageemail usAssociated Press


Mexico City - The government is setting up an international network of Mexican professionals to combat a brain drain to the United States and create homegrown technology companies.

Candido Morales, director of the government's Institute for Mexicans Living Abroad, said the Talent Network project aims to facilitate well-paid jobs in Mexico by tapping into the experience of highly educated Mexicans living and working overseas.

According to studies by U.S. and Mexican immigration experts, almost one-third of Mexicans with postgraduate degrees live north of the border, many of them working in the technology sector.

"We'd like to create a system so they can share their talents with people back in Mexico," Morales said.

Morales said he does not expect the professionals to return to Mexico to run companies. Rather, he said, they can advise and train local entrepreneurs and invest from abroad in what could become Mexican equivalents of IBM, Intel, Hewlett-Packard or Microsoft.

The Talent Network has already met twice, in Mexico City and in San Jose, Calif.



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