The 'global war for talent' is something of a
hackneyed cliché, but that doesn't mean the premise is
false. International studies show that the next 20 years will bring
a talent crunch as a growing number of international organisations
compete for a relatively stable number of high talent individuals,
particularly in the STEM sector. The problem for business is that
numerous studies show that talent, and international talent, in
particular, is a key driver of innovation.
The last decade has been characterised by a drive for
innovation, with 'disruptive' market entrants such as
Google, Facebook and Netflix toppling industry leaders and
upsetting established markets with trailblazing products and
services. To drive innovation, many of these businesses have relied
heavily on international talent, as seen in places such as Silicon
Valley, a global hub for highly skilled migrants. This strategy is
supported by the academic literature, which shows that
international talent
