The Gift of Global Talent: Innovation Policy and the Economy

William Kerr

Innovation Policy and the Economy, 2020, vol. 20, issue 1, 1 - 37

Abstract: Talent is the most precious resource for today's knowledge-based economy, and a significant share of the US skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap between the United States and other countries is shrinking. 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.

Date: 2020
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Chapter: The Gift of Global Talent: Innovation Policy and the Economy (2019)
Working Paper: The Gift of Global Talent: Innovation Policy and the Economy (2019)
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