Increased denials of L-1 visas when attempting to transfer personnel into the United States from India on L-1 visas is having a negative impact on growth, projects and productdevelopment in the United States, according to companies.
Wasting little time since a September 2009 launch, Innovation Works has grown to 40 professionals and 25 incubated projects, with the vast majority already in productdevelopment.
He suggests a more focused approach: Concede that companies can claim a credit for routine research, but only if they devote 5% of their research budgets to truly innovative projects, in which the development of a product is not assured.
The company behind the product is an engineering development outfit with 35 employees (Engineers and Scientists) that has been retained to complete projects for Boeing, 3M Corporation, Oakley, Lockheed-Martin and others.