Why the resurrected International Entrepreneur Rule would be good for American business and competitiveness.
Immigrant entrepreneurs have played a remarkably outsized capacity in the growth of the U.S. economy. More than half of the country’s billion-dollar startups were founded by immigrants, and 80% implement migrants in a conduct character or in core product design. Consider America’s first four trillion-dollar companionships, which together fill virtually 700,000 parties in the United Government: One was cofounded by an immigrant( Google ), two were founded by the children of immigrants( Amazon and Apple ), and one is currently run by the migrants( Microsoft ). Immigrants to the U.S have won 39% of the country’s Nobel prize winner, deem 28% of high-impact patents, and deserve 31% of the PhDs from American universities, all while comprising exclusively 18% of the American workforce. While native-born Americans are also most talented, America’s reputation for invention and scientific greatnes makes the world’s best and brightest to our doorstep.
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