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Skilled Immigration and Economic Growth
Vivek Wadhwa Duke University - Pratt School of Engineering; Harvard University - Labor and Worklife Program AnnaLee Saxenian University of California, Berkeley - School of Information Ben Rissing Harvard Law School - Labor and Worklife Program; Duke University - Pratt School of Engineering - Master of Engineering Management Program Gary Gereffi Duke University - Department of Sociology - Director, Center on Globalization, Governance & Competitiveness 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.
Keywords: Immigrants, Engineering, Technology, Startup Accepted Paper SeriesDate posted: June 06, 2008 ; Last revised: March 03, 2009Suggested CitationContact Information
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