American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness (PDF; 1.1 MB)
Source: National Venture Capital Association
From press release (PDF; 37 KB): “Immigrant entrepreneurs have had a profound impact on company creation, innovation and market value in the United States, according to a first-of-its-kind study, “American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness.” The study found that over the past 15 years, immigrants have started 1 in 4 (25 percent) U.S. public companies that were venture-backed, representing a market capitalization of more than $500 billion. Moreover, a survey of today’s private, venture-backed start-up companies in the U.S. estimated that 47 percent have immigrant founders. However, the study also found that two- thirds of the immigrant founders surveyed believe that current U.S. immigration policy hinders the ability of future foreign-born entrepreneurs to start American companies today.”

This entry was posted on Sunday, December 10th, 2006 at 6:32 pm and is filed under Business and economics, Immigration, Small business and entrepreneurship, Social and cultural issues. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.