Immigration the lifeblood of entrepreneurship?
Thursday, January 4th, 2007Immigrant are now behind 52% of all Silicon Valley start-ups.
That is powerful. It is also proof for anyone doubting the importance of immigration and diversity for the success a capitalist economy. This same study reports that immigrants are also behind 25% of all US high tech start-ups.
Simply put, Freedom of Ideas, Mobile Capital, Mobile Labor (within and across borders) are key for wealth creation, wealth redistribution, employment, high tax bases, innovation, value for customer and value for society.
I touch on a few related point at terrencebrown.net.