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Title: The Immigrant Exodus
Subtitle: Why America Is Losing the Global Race to Capture Entrepreneurial Talent
Author: Vivek Wadhwa
Narrator: Tim Andres Pabon
Format: Unabridged
Length: 2 hrs and 29 mins
Language: English
Release date: 09-06-13
Publisher: Gildan Media, LLC
Ratings: 4 of 5 out of 6 votes
Genres: Business, Commerce & Economy
Publisher's Summary:
Many of the United States' most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and helping establish the United States as the most entrepreneurial, technologically advanced society on earth.
Now, Vivek Wadhwa, an immigrant tech entrepreneur turned academic with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Foundation research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration policies are leaving some of the most educated and talented entrepreneurial immigrants with no choice but to take their innovation elsewhere. The consequences to our economy are dire; our multi-trillion dollar loss will be the gain of our global competitors. With his signature fearlessness and clarity, Wadhwa offers a concise framework for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery. A 2012 ECONOMIST BOOK OF THE YEAR
Critic Reviews:
"A thoughtful contribution to the dialogue surrounding immigration." (
Kirkus Reviews)