Star Scientists, Innovation and Regional and National Immigration

37 Pages Posted: 17 Jul 2007

See all articles by Lynne G. Zucker

Lynne G. Zucker

University of California, Los Angeles (UCLA); National Bureau of Economic Research (NBER)

Michael R. Darby

University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: July 20, 2007

Abstract

This paper is organized in four sections. The first section discusses research findings in the literature on university-industry technology transfer before focusing on our research on the role of star scientists in determining where and when firms enter the biotechnology industry, which firms are most successful, how quickly they go public, and the stock market returns for particular firms. The second section presents evidence that - at least so far as starting firms are concerned - these top scientists are star innovators across the gamut of high technology industries. The third section presents evidence on the emergence of a reverse brain drain from the United States to other countries, which has reduced the number of these top scientists operating in and starting firms in the United States. The final section offers conclusions and concerns for policy-makers.

Keywords: scientist, innovation, technology, immigration, high technology

Suggested Citation

Zucker, Lynne G. and Darby, Michael R., Star Scientists, Innovation and Regional and National Immigration (July 20, 2007). Available at SSRN: https://ssrn.com/abstract=1001112 or http://dx.doi.org/10.2139/ssrn.1001112

Lynne G. Zucker (Contact Author)

University of California, Los Angeles (UCLA) ( email )

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National Bureau of Economic Research (NBER)

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Michael R. Darby

University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area ( email )

110 Westwood Plaza
Box 951481
Los Angeles, CA 90095-1481
United States
310-825-4180 (Phone)
310-454-2748 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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