US immigration policy has proven inadequate to address the needs of companies competing in a globalized, 21st century economy. There have been numerous failed efforts by both congressional Democrats and Republicans to address the shared goal of reversing the international “brain drain.” This inaction has sent a message to tens of thousands of highly-skilled foreign workers, graduates and entrepreneurs that the United States is closed for business. However, a path forward for such immigration reform has begun to unfold in recent weeks.

Following November’s national elections, President Obama and congressional leaders have stated that tackling immigration reform in a more comprehensive manner will be a priority in new Congress. The likelihood of a broader-based immigration overhaul presents an ideal opportunity to advance issues important to our economic competitiveness.