The new argonauts tells the story of the foreign-born, U.S. educated, technically skilled entrepreneurs who return home to start new companies while remaining tied to powerful economic and professional communities in the United States. These technology entrepreneurs - armed with Silicon Valley experience and relationships and the ability to operate in two countries simultaneously - quickly identify market opportunities, locate foreign partners, and manage cross-border business operations. For Americans accustomed to unchallenged economic domination, the fast-growing capabilities of China and India may seem threatening. But as Saxenian convincingly displays in this pathbreaking book, the Argonauts have made America richer, not poorer.