Immigrants Behind 25 Percent of Startups
Foreign-born entrepreneurs were behind one in four U.S. technology startups over the past decade, according to a study to be published Thursday.
A team of researchers at Duke University estimated that 25 percent of technology and engineering companies started from 1995 to 2005 had at least one senior executive - a founder, chief executive, president or chief technology officer - born outside the United States.
Immigrant entrepreneurs’ companies employed 450,000 workers and generated $52 billion in sales in 2005, according to the survey.
Source: AP
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