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    The Gift of Global Talent: Innovation Policy and the Economy
    08 Jun 2019Working Paper Summaries

    The Gift of Global Talent: Innovation Policy and the Economy

    by William R. Kerr
    High-skilled workers in today’s knowledge-based economy are arguably the most important resource to the success of businesses, regions, and industries. This chapter pulls from Kerr’s book The Gift of Global Talent to examine the migration dynamics of high-skilled individuals. He argues that improving our knowledge of high-skilled migration can lead to better policy decisions.
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    Author Abstract

    Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other countries is weakening. Immigration policies like the H-1B visa program shape the admissions of foreign workers to the country and grant a particularly strong gatekeeping role to sponsoring firms and universities. This chapter explores the data around global talent flows and some of the economic implications of an employer-driven immigration approach.

    Paper Information

    • Full Working Paper Text
    • Working Paper Publication Date: May 2019
    • HBS Working Paper Number: HBS Working Paper #19-116
    • Faculty Unit(s): Entrepreneurial Management
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    William R. Kerr
    William R. Kerr
    Dimitri V. D'Arbeloff - MBA Class of 1955 Professor of Business Administration
    Unit Head, Entrepreneurial Management
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