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Positive Impact on Market Value by Immigrant Entrepreneurs November 27, 2006

Posted by dsheen88 in Employment-Based Immigration, H-1B visa, Immigration Cases, Immigration Laws and Policies, MyComments, Simply Immigration!.
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Here is an interesting study to share… 

A “first of its kind” study, commissioned by the National Venture Capital Association (NVCA) as part of its MAGNET USA initiative (Maximizing America’s Growth for the Nation’s Entrepreneurs and Technologists), reports that immigrant entrepreneurs have had a profound impact on company creation, innovation, and market value in the United States.

The study, entitled “American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness” found that over the past 15 years, immigrants have started one in four venture-backed public companies in the U.S., representing a market capitalization of more than $500 billion. Moreover, a survey of today’s private, venture-backed start-up companies in the U.S. estimated that 47 percent have immigrant founders. The study also found that two-thirds of the immigrant founders surveyed believe that current U.S. immigration policy hinders the ability of future foreign-born entrepreneurs to start American companies.

The study was authored by Stuart Anderson of the National Foundation for American Policy, a non-profit, nonpartisan public policy research organization focusing on trade, immigration, and related issues, and Michaela Platzer of Content First, LLC, a public policy research services firm that utilizes research and analysis to bring advocacy data, industry statistics, and policy research to trade associations, businesses, law firms, consulting firms, and the public affairs community.

-AILA

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