Land of Opportunity: In the U.S., Immigrants and Entrepreneurs Are Increasingly the Same
Consider these numbers: One in four technology and engineering companies founded in the U.S. between 1995 and 2005 had at least one founder who was foreign-born, many of them from India and China; nationwide, immigrant-founded companies generated $52 billion in sales in 2005 and employed 450,000 peo...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2007
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| Online Access: | https://ink.library.smu.edu.sg/ksmu/219 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1218&context=ksmu |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Consider these numbers: One in four technology and engineering companies founded in the U.S. between 1995 and 2005 had at least one founder who was foreign-born, many of them from India and China; nationwide, immigrant-founded companies generated $52 billion in sales in 2005 and employed 450,000 people; immigrant non-citizens in the U.S. were either named as the inventor or co-inventor in 24.2% of patent applications filed in 2006. These are some of the findings of a recent study titled, "America's New Immigrant Entrepreneurs," by Vivek Wadhwa, an executive in residence at Duke University's Pratt School of Engineering, and a team of researchers. |
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