Education, Entrepreneurship and Immigration: America's New Immigrant Entrepreneurs, Part II
Skilled immigrants have achieved great success in starting engineering and technology companies in the United States, and they contribute significantly to the country's economic growth over time. This study sought to understand in greater detail the educational backgrounds and career trajectories of these immigrant entrepreneurs as well as to identify lessons for enhancing the competitiveness of the U.S. economy.
The research confirms that advanced education in science, technology, engineering and mathematics is correlated with high rates of entrepreneurship and innovation. The U.S. economy depends upon these high rates of entrepreneurship and innovation to maintain its global edge.
Wadhwa, V., Rissing, R., Saxenian, A., and Gereffi, G. (2007). Education, Entrepreneurship and Immigration: America's New Immigrant Entrepreneurs, Part II. Available at SSRN: http://ssrn.com/abstract=991327