A new study showing that immigrants founded one quarter of U.S. technology start-up companies could fuel calls to relax immigration rules ahead of next month’s U.S. presidential elections, where the economy and immigration are key issues, Reuters reports. The study “America’s New Immigrant Entrepreneurs: Then and Now,” shows that 24.3 percent of engineering and technology start-up companies have at least one immigrant founder serving in a key role. The study paid particular attention to Silicon Valley, where it analyzed 335 engineering and technology start-ups. It found 43.9 percent were founded by at least one immigrant.
“High-skilled immigrants will remain a critical asset for maintaining U.S. competitiveness in the global economy,” wrote the authors of the study, sponsored by the Kauffman Foundation, a non-profit organization that promotes entrepreneurship. One of the authors, Singularity University’s Vivek Wadhwa, called for a visa designed for entrepreneurs…
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