Capitalizing On Immigration
March 24th 2007 20:37
Business Week has published an interesting article that says...."One-quarter of the publicly traded, venture capital-backed companies started in the past 15 years in the U.S. were founded by immigrant entrepreneurs, according to "American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness," a 2006 national survey commissioned by the National Venture Capital Assn. The current market capitalization of these firms exceeds $500 billion, and they employ more than 220,000 people in the U.S. and 400,000 internationally. Immigrants have had the greatest impact in the fields of IT, life sciences, and particularly in the high-technology manufacturing sector, where 40% of publicly traded, venture-backed firms operating in the U.S. today were founded by immigrants. "
Follow the link for insight into the economics of immigration...
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Comment by Ahmed
Video Gamer Kids
Little Green Foosballs
PolyKicks
Cinema Three
Immigration only has benefits in the end, pending the pre-conceived notions people have about foreigners.
Comment by Theresa
Today's World
Borderless World
Penny Smart
Immigration is often so controversial, and divisive, in the States...But,
all my life I've known what I'd do if opportunity (life) was in one place,
and I had been born in another place, and someone said I couldn't go
where the opportunity was...
Theresa
But, there's probably more than two ways to look at this...