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The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent

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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.

Vivek Wadhwa, an immigrant tech entrepreneur turned academic, draws on new research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. H...