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Skilled Immigration and Economic GrowthVivek WadhwaCenter for Entrepreneurship and Research Commercialization, Pratt School of Engineering; Stanford University - Arthur & Toni Rembe Rock Center for Corporate Governance AnnaLee SaxenianUniversity of California, Berkeley - School of Information Ben A. RissingMassachusetts Institute of Technology (MIT) - Behavioral Policy Science (BPS) G. GereffiDuke University - Department of Sociology - Director, Center on Globalization, Governance & Competitiveness 2008 Applied Research in Economic Development, Vol. 5, No. 1, pp. 6-14, 2008 Abstract: Skilled immigrants have achieved great success in founding U.S. engineering and technology startups, which have in turn contributed greatly to the country's economic growth over time. In this work we explore the educational attainment and career trajectories of these immigrant entrepreneurs. Our research confirms that advanced education in STEM fields (science, technology, engineering and mathematics) is correlated with high rates of entrepreneurship and innovation among both immigrant and U.S.-born founder populations. To maintain and grow the U.S. entrepreneurial landscape, future policy endeavors may target means of attracting and retaining innovative, highly skilled foreign minds.
Number of Pages in PDF File: 9 Keywords: Immigrants, Engineering, Technology, Startup Accepted Paper SeriesDate posted: June 6, 2008Suggested CitationContact Information
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