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Foreign Investors are Reinventing the American Economy

6/28/2012

2 Comments

 
In a report done by The Partnership for a New American Economy, the findings show that more and more foreign investors are behind new US technolgy receiving patents.

Here are some of the eye-opening numbers:
- 76% of patents at the top 10 patent-producing US universities had at least one foreign-born inventor.

 -  54% of all patents were awarded to the group of foreign inventors most likely to face visa hurdles: students, postdoctoral fellows, or staff researchers.

-  Foreign-born inventors played especially large roles in
cutting-edge fields like semiconductor device manufacturing (87%), 
information technology (84%), pulse or digital communications (83%), 
pharmaceutical drugs or drug compounds (79%), and optics  (77%).

 You can view the report at: http://www.renewoureconomy.org/sites/all/themes/pnae/patent-pending.pdf


2 Comments
Josephina Sanchez
7/15/2012 01:10:30 pm

It's true on both the high end of the economy and the low end. Just think of how affordable vegetables are, or a meal at a restaurant, or a night at a motel room. None of this would be possible without immigrant labor.

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Moonhoop link
9/11/2023 03:47:49 pm

Hello mate greaat blog post

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    Sara Goldberg is an immigration attorney in Houston, Texas, representing clients from all around the world.

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