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The Gift of Global Talent: Innovation Policy and the Economy

William Kerr

No 25875, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: F22 F23 J24 O31 O33 (search for similar items in EconPapers)
Date: 2019-05
New Economics Papers: this item is included in nep-ino, nep-lma and nep-mig
Note: LS PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published as The Gift of Global Talent: Innovation Policy and the Economy , William R. Kerr. in Innovation Policy and the Economy, Volume 20 , Lerner and Stern. 2020

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