Global Talent and U.S. Immigration Policy

Abstract

Talent is a critical resource for today’s knowledge economy. The United States has benefited substantially from high-skilled migration since the 1970s, especially with respect to innovation and entrepreneurship. This chapter reviews data on these immigrant contributions, and it discusses the important roles played by universities and firms under the American system. The chapter concludes with ways that U.S. immigration policy could be enhanced, which will become more important as other nations become more competitive for global talent.