Jump to content
The Inquirer-Home

Immigrants save US tech industry

More likely to start things
Thursday, 4 January 2007, 15:54
WHILE THE US worries about floods of foreigners coming in and nicking their jobs, the Washington Post points out that immigration has been creating jobs in the tech industry.

Apparently immigrants are a driving force behind IT start-ups with a quarter of them in the last decade being launched by foreign-born founders.

According to a study, based on telephone surveys with 2,054 companies, immigrants, mostly from India and China, have started hundreds of companies with estimated sales of nearly $50 billion.

About 25 per cent of international patents filed in the United States in 2006 were filed by immigrants.

Scott McNealy, chairman and co-founder of Sun Microsystems,is quoted as saying that immigrants Vinod Kosla of India and Andy Bechtelsheim of Germany helped him set up Sun.

So far Sun has "created tens of thousands of jobs that have generated billions of dollars in exports and has created thousands of patents and intellectual-property positions," McNealy said.

More here. µ

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

Advertisement
Subscribe to the INQ Newsletter
Sign-up for the INQBot weekly newsletter
Click here to sign up Existing user
Advertisement
INQ Poll

Christmas computer sales

Will you be buying a new computer this Christmas?