Download The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent AudioBook Free
Many of the United Says' most impressive business owners have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Lot of money 500 companies and one-quarter of all new smaller businesses were founded by immigrants, creating trillions of dollars annually, employing millions of workers, and supporting establish the United States as the most entrepreneurial, technologically advanced society on earth. Now, Vivek Wadhwa, an immigrant technology entrepreneur turned educational with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Basis research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration procedures are leaving some of the most informed and talented entrepreneurial immigrants without choice but to take their innovation elsewhere. The consequences to our current economic climate are dire; our multi-trillion buck loss would be the gain in our global competitors. With his personal fearlessness and clearness, Wadhwa offers a concise platform for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery. A 2012 ECONOMIST Booklet OF THE YEAR