Posted on 06/14/2007 6:54:43 AM PDT by fmkl
Ninety-six percent of immigrant founders of technology and engineering companies between 1995 and 2005 held bachelor's degrees, and 74 percent held graduate or postgraduate degrees, according to a study the Ewing Marion Kauffman Foundation released Monday.
Seventy-five percent of the highest degrees among immigrant entrepreneurs were in science, technology, engineering and mathematics fields, the Kauffman Foundation said in a release. Fifty-three percent of the immigrant founders of U.S.-based technology and engineering companies completed their highest degrees in U.S. universities. <A HREF="http://dc.bizjournals.com/event.ng/Type=click&FlightID=21264&AdID=30521&TargetID=1292&Segments=1,16,973,2183,3301,3622,3862,4117,4263,4611,4614,4829&Targets=3394,61,1292,2014,3078,3381,3619,3866,4009,4337,4344,4550&Values=25,30,46,50,60,72,84,93,100,110,150,155,202,295,333,473,565,736,775,830,872,894,949,951,959,960,961,962,980,994,996,997,1009&RawValues=GEOMAJORMETRO%2Corange%2520county%2CDOMAINTYPE%2C25%2CST_VERT_TOPIC%2Creal_estate__commercial&Redirect=http://www.tivol.com" target="_top"><IMG SRC="http://ll.bizjournals.com/ads/dc/tivol/Tivol_Cube_300_x_250_v3.gif" WIDTH=300 HEIGHT=250 BORDER=0></A>
Researchers at Duke University and the University of California-Berkeley conducted the study, which included a series of in-depth interviews with:
• 144 immigrant company founders on their educational attainment, degree types, reasons for entering the United States and other factors related to their entrepreneurial activities
• 87 Indian, 57 Chinese and 29 Taiwanese company founders to ask where they received their undergraduate education
• 1,572 companies in 11 technology centers to determine whether a key founder was foreign-born and the founder's country of birth.
Nationwide, immigrant-founded companies produced $52 billion in sales and employed 450,000 workers in 2005. The majority of these immigrant entrepreneurs came from India, United Kingdom, China, Taiwan, Japan and Germany.
"Our research confirms that advanced education in science, technology, engineering and math is correlated with high rates of entrepreneurship and innovation," lead researcher Vivek Wadhwa, executive in residence, Pratt School of Engineering, Master of Engineering Management Program at Duke University, said in the release. "The U.S. economy depends on these high rates of entrepreneurship and innovation to maintain its global edge."
Among the study's findings:
• More than half of the foreign-born founders of U.S. technology and engineering businesses initially came to the United States to study. Very few came with the sole purpose of starting a company. Almost 40 percent of immigrant founders entered the country because of a job opportunity, with only 1.6 percent entering the country with the sole purpose of entrepreneurship. They typically founded companies after working and residing in the United States for an average of 13 years.
• Immigrant founders were educated in a diverse set of universities in both their home countries and across the United States. No single U.S. institution stands out as a source of immigrant founders. Similarly, those who received their undergraduate degrees in India or China graduated from a diverse assortment of institutions. Even the famed Indian Institutes of Technology educated only 15 percent of Indian technology and engineering company founders.
• Immigrant entrepreneurs tend to move to cosmopolitan technology centers. The regions with the largest immigrant population also tend to have the greatest number of technology startups. On average, 31 percent of the engineering and technology companies founded from 1995 to 2005 in the 11 technology centers that were surveyed had an immigrant as a key founder. This compares with the national average of 25.3 percent.
• Technology centers with a greater concentration of immigrant entrepreneurs in their state averages include Silicon Valley (52.4 percent), New York City (43.8 percent) and Chicago (35.8 percent). Three technology centers had a below-average rate of immigrant-founded companies: Portland, Ore. (17.8 percent), Research Triangle Park (18.7 percent) and Denver (19.4 percent).
More information about the study is available on the Kauffman Foundation's Web site.
I’m not here by choice and share no blame for what stands extant.
Urban environments are insular, mostly out of fear.
Pizza?
Better examples are:
Sushi: California Rolls.
Chinese Food: Beef with Brocoli.
Gernman: The hotdog
Italian: Hot pockets (Calzone).
Urban environments are insular, mostly out of fear.
Cute paradox, but wrong. They tend to be international, mostly out of the profit motive.
Huh?
We’re talking culture and geocentricity here, not marketing euphemisms.
Legal that is, is right! We don’t need families that are a burden on American society and cannot contribute and carry thier own wieght. This is what Ted and his crew are pushing for with this disasterous bill, a mass amount of poor illegal immigrants that will vote Democrate for thier meal ticket. The lap dogs of the GOP are going along for the ride so they can get support for Iraq war funding. If anyone in Congress is more of a traitorous un American it’s fat head Ted! Remember: If the revised bill has Teds blessing it’s NO GOOD!!!!!
Would someone PULEEEEZE explain to me why our know-what-is-best-for-us leaders insist we flood the USA with barely literate day laborers, their wives and 6 to 10 kids, and at the same time make it difficult for well educated applicants from other countries, waiting in line and following the rules of the system, to get in? Oh, wait a minute, I just remembered. The day laborers will always vote for the “Free Lunch” Party. C’mon everybody....sing it with me...”Everythings free in America, coffee and tea in America......”
Right. Urban areas tend to have more of the international uni-culture. The higher up the upscale you go, the more international and uni.
A marketing guy recently quipped to me that “middle America as a market was irrelevant to everyone except the Chinese.” A swipe at Wal-Mart for sure, and I don’t particularly agree with him, but it shows an attitude.
“Besides, if you were an urbanized educated Indian/Korean/Russian/Argentinean, etc., would you REALLY want to assimilate into NASCAR nation?”
NASCAR nation? If their cultures are so great then why would they want to live here? If on the other hand they are parasites and only here for what they can get all the while disdaining the “NASCAR nation” then why would we want them in America?
Nobody has ever come here to embrace sh-tkicker culture. NOBODY.
NASCAR is a subculture, as evidenced by its origins in bootlegging.
“I’m just saying that lowbrow culture is nothing to really glorify.
Nobody has ever come here to embrace sh-tkicker culture. NOBODY.”
Well you know what they say. Everybody has one.
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