Immigrants behind 25% of US start-ups
Interesting article by the Associated Press on the executives behind US startups – 25% of them are foreign born. More interesting is that of the foreign-born led startups, 26% were led by Indian executives.
The article also mentioned that “Foreign-born inventors living in the United States without citizenship accounted for 24 percent of patent filings last year, compared with 7.3 percent in 1998.” Surprised to see the number so high – brings into question if these folks intend to stay in the US or bring their IP overseas.
Steve Smith
January 9, 2007 @ 11:40 am
My sense is that the US will struggle to retain these folks and we’ll experience a real brain shortage problem..