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          Institute: MPI für Ökonomik     Collection: Entrepreneurship, Growth and Public Policy Group     Display Documents



ID: 458978.0, MPI für Ökonomik / Entrepreneurship, Growth and Public Policy Group
High-Tech Immigrant Entrepreneurship in the U.S.
Authors:Hart, David B.; Acs, Zoltan J.; Tracy, Spencer
Language:English
Date of Publication (YYYY-MM-DD):2009-07
Total Number of Pages:66
Title of Series:Jena economic research papers (JERP)
Issue / Number:2009-061
Corporate Body (Series Editor):Friedrich Schiller Universität Jena; Max-Planck-Institut für Ökonomik
Review Status:Internal review
Audience:Not Specified
Abstract / Description:In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally representative sample of rapidly growing “high-impact” companies. This class of companies drives job creation and aggregate growth in the U.S. We find that, while most previous studies have overstated this role, it is nonetheless very important. For instance, about 16% of the companies in our sample had at least one foreign-born person among their founding teams, and these high-tech companies display better performance in some respects than high-tech companies in our sample whose founders were all native-born. We also provide a profile of high-tech immigrant entrepreneurs. The vast majority are strongly rooted in the U.S., highlighting the need to build a coherent pathway to permanent status for highly-skilled immigrants.
Free Keywords:immigrant entrepreneurs; high tech; high impact firms; entrepreneurship
Classification / Thesaurus:JEL Classification: L26; O3; F2
External Publication Status:published
Document Type:Paper
Communicated by:David B. Audretsch
Affiliations:MPI für Ökonomik/Abteilung Entrepreneurship, Growth and Public Policy
Identifiers:ISSN:1864-7057
URL:http://zs.thulb.uni-jena.de/servlets/MCRFileNodeSe...
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