The Gift of Global Talent: Innovation Policy and the Economy
Chapter in NBER book Innovation Policy and the Economy, Volume 20 (2020), Josh Lerner and Scott Stern, editors (p. 1 - 37)
Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other countries is weakening. Immigration policies like the H-1B visa program shape the admissions of foreign workers to the country and grant a particularly strong gatekeeping role to sponsoring firms and universities. This chapter explores the data around global talent flows and some of the economic implications of an employer-driven immigration approach.This chapter is no longer available for free download, since the book has been published. To obtain a copy, you must buy the book.
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Document Object Identifier (DOI): https://doi.org/10.1086/705637This chapter first appeared as NBER working paper w25875, The Gift of Global Talent: Innovation Policy and the Economy, William R. Kerr