Wednesday, July 10, 2013

Immigrants rank high as entrepreneurs

This has always been the story about immigrants in our country. The bravest, most entrepreneurial people are always the ones who leave their homes for a new life.    - - Donna Poisl

By Catherine Rampell New York Times

One of the vital economic arguments underpinning the immigration overhaul is that immigrants create jobs – not only because they spend money – but because they tend to be unusually entrepreneurial and innovative and so create job opportunities for the people around them.

Think of Silicon Valley figures like Sergey Brin, Andrew Grove and Vinod Khosla, or the designer Liz Claiborne.

The bill that recently passed the Senate even included special provisions, under Subtitle H, for what is being called a “startup visa,” to be granted to people who start companies that meet certain venture capital, hiring and revenue requirements.
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