The New Argonauts

An interesting new report on immigration in US; ‘America’s New Immigrant Entrepreneurs’;

- One-quarter of all engineering and technology companies launched between 1995 and 2005 had at least one key founder who was foreign-born. Those companies with at least one immigrant co-founder produced $52 billion in sales and employed 450,000 workers in 2005.
- India was the most common home country among the foreign-born entrepreneurs, followed by the United Kingdom, China, Taiwan, and Japan. Most of the immigrant-founded companies were in the software and innovation/manufacturing services sectors.
- Foreign nationals living in the United States were listed as inventors or co-inventors on almost a quarter of the patents filed from the United States in 2005.

Via Cato-at-Liberty

Related;
The New Argonauts
Newest study on immigrant entrepreneurs in America