New York, April 16 (IANS) The so-called brain drain of migrants taking their skills and initiative to their new countries of residence can also drive growth in their homelands, according to a study by the United Nations University. Several successful Indians and Taiwanese in the high-tech industry in the US also set up hardware and software companies in their home countries, contributing to growth, said the study released Tuesday.

“The idea that the mobility of bright, qualified people represents a permanent loss of scarce human capital for the source country is becoming rapidly outdated,” said Andr