October 2, 2012
SAN FRANCISCO (Reuters) – A new study showing that immigrants founded one quarter of U.S. technology start-up companies could fuel calls to relax immigration rules ahead of next month’s U.S. presidential elections, where the economy and immigration are key issues.
The study “America’s New Immigrant Entrepreneurs: Then and Now,” shows that 24.3 percent of engineering and technology start-up companies have at least one immigrant founder serving in a key role.
The study paid particular attention to Silicon Valley, where it analyzed 335 engineering and technology start-ups. It found 43.9 percent were founded by at least one immigrant.