The Gift of Global Talent: Innovation Policy and the Economy

32 Pages Posted: 28 May 2019

See all articles by William Kerr

William Kerr

Harvard University - Entrepreneurial Management Unit

Date Written: May 2019

Abstract

Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other countries is weakening. Immigration policies like the H-1B visa program shape the admissions of foreign workers to the country and grant a particularly strong gatekeeping role to sponsoring firms and universities. This chapter explores the data around global talent flows and some of the economic implications of an employer-driven immigration approach.

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Suggested Citation

Kerr, William R., The Gift of Global Talent: Innovation Policy and the Economy (May 2019). NBER Working Paper No. w25875. Available at SSRN: https://ssrn.com/abstract=3394656

William R. Kerr (Contact Author)

Harvard University - Entrepreneurial Management Unit ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

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