A new study by Columbia University reveals that skilled immigrants, especially those on H-1B visas, contribute to increased entrepreneurship and job creation in the U.S. The research shows that when the number of H-1B visa holders in a city doubles, regional entrepreneurship increases by 6% within three years.
Despite heated political debate, some claiming that foreign workers steal American jobs, data show that they help build more companies and create more employment opportunities. Researchers say highly skilled immigrants bring fresh ideas, enhance innovation, and fuel local economies.
With H-1B applications down nearly 27% this year, experts warn that restricting skilled immigration could slow growth and stifle America’s competitive edge.