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Immigrant Entrepreneurship in America: Evidence From the Survey of Business Owners 2007 & 2012

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2020-04

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Elsevier BV
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Kerr, Sari Pekkala, and William R. Kerr. "Immigrant Entrepreneurship in America: Evidence from the Survey of Business Owners 2007 & 2012." Research Policy 49, no. 3 (April 2020).

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Abstract

We study immigrant entrepreneurship in 2007 and 2012 using the Survey of Business Owners. First-generation immigrants create about 25% of new firms in America, but this share exceeds 40% in some states. Immigrant-owned firms tend to create fewer jobs than native-owned firms, have comparable pay levels, offer fewer benefits, and engage more in international activities. Immigrant-founded firms in high-tech sectors more closely resemble native-founded firms than in low-tech sectors. Prominent tech clusters display quite pronounced shares of immigrant entrepreneurs, with stronger high-tech immigrant entrepreneurs being especially present. Second-generation immigrants tend to show intermediate firm traits indicative of business assimilation.

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Management of Technology and Innovation, Management Science and Operations Research, Strategy and Management

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