My Bright Idea: Robert E. Litan on the Startup Act 2.0
Bloomberg Government's director of research says the bipartisan Startup Act 2.0 would help rejuvenate U.S. entrepreneurship
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Amid Washington’s gridlock over taxes, spending, and what to do about sluggish job growth, a silent bipartisan consensus is emerging over a low-cost way to accelerate the recovery: opening the doors much wider to highly skilled immigrants.
As we now know from various studies and surveys sponsored by my former employer, the Kauffman Foundation, skilled immigrants are more likely than the native-born to start new businesses that hire Americans, especially in high tech. Likewise, studies by Kauffman show that new enterprises have been for the past three decades the dominant driver of job growth and innovation.