U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence
William Kerr
No 19377, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been rapidly growing over the last three decades. In terms of quality, the average skilled immigrant appears to be better trained to work in these fields, but conditional on educational attainment of comparable quality to natives. The exception to this is that immigrants have a disproportionate impact among the very highest achievers (e.g., Nobel Prize winners). Studies regarding the impact of immigrants on natives tend to find limited consequences in the short-run, while the results in the long-run are more varied and much less certain. Immigrants in the United States aid business and technology exchanges with their home countries, but the overall effect that the migration has on the home country remains unclear. We know very little about return migration of workers engaged in innovation and entrepreneurship, except that it is rapidly growing in importance.
JEL-codes: F15 F22 J15 J31 J44 L14 L26 O31 O32 O33 (search for similar items in EconPapers)
Date: 2013-08
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-knm, nep-mig, nep-sbm and nep-ure
Note: LS PR
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Citations: View citations in EconPapers (96)
Published as in "The International Mobility of Talent and Innovation New Evidence and Policy Implications," June 2017, pp 193-221
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Working Paper: U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence (2014) 
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