Mitigating High-Skill Brain Drain in Low-Growth Economies: An Examination of Existing Brain-Drain Threats in New Mexico and Strategy and Policy Alternative to Address Them

Authors

Aaron T. Cowan, University of New Mexico
Kelly R. Cowan, Portland State UniversityFollow
Steven T. Walsh, University of New Mexico

Published In

2019 Portland International Conference on Management of Engineering and Technology (PICMET)

Document Type

Article

Publication Date

2019

Subjects

Brain drain -- New Mexico -- Economic aspects, Economic development, Technology -- Management, Human capital -- Management, Brain drain -- New Mexico -- Government policy

Abstract

This study analyzes the challenges faced by struggling or low-growth economies when they lose highly skilled human capital via the process of "brain drain" or "ability drain." Such losses pose severe potential hazards to technology-based economic development. Factors related to these phenomena are characterized and examined via literature review and mixed methodology analysis to compare and contrast potential ways to manage brain drain and even achieve positive "brain gain" through individual and business-oriented strategies and policy alternatives.

Description

This is the publisher's final PDF. Copyright 2019 by PICMET. Paper delivered at the 2019 Proceedings of PICMET '19: Technology Management in the World of Intelligent Systems

Locate the Document

https://doi.org/10.23919/PICMET.2019.8893912

DOI

10.23919/PICMET.2019.8893912

Persistent Identifier

https://archives.pdx.edu/ds/psu/32737

Citation Details

A. T. Cowan, K. R. Cowan and S. T. Walsh, "Mitigating High-Skill Brain Drain in Low-Growth Economies: An Examination of Existing Brain-Drain Threats in New Mexico and Strategy and Policy Alternative to Address Them," 2019 Portland International Conference on Management of Engineering and Technology (PICMET), Portland, OR, USA, 2019, pp. 1-8.