Kauffman Foundation News (3/3/11): Law Journal Article Argues Policy Changes for Immigrant Entrepreneurs Will Help Economy

Law Journal Article Bolsters Argument for U.S. Policy Change Regarding Immigrant Entrepreneurs
Revising current policy, which severely limits the number of visas available to highly skilled immigrants, could help expand the U.S. economy.

A new Fordham Urban Law Journal article encourages federal policy change as a means for the United States to more fully benefit from highly skilled immigrants’ (HSI) growth-enhancing contributions.

Authors John Tyler, vice president and corporate secretary of the Ewing Marion Kauffman Foundation, and Peter Schuck, law professor at Yale University, contend that the pace, strength and magnitude of U.S. innovation and economic growth will depend, in part, on changing our approach to visas for highly skilled immigrants, particularly those who graduate from U.S. universities with degrees in science, technology, engineering and math. Historically, HSIs in these degree fields have disproportionately catalyzed and expanded U.S. innovation, jobs, wealth creation and resulting advances in human welfare.
New policy approaches–which could include a new class of provisional visas, purposeful recruiting of HSIs with preferred skills and experiences, and a job creators visa–could better deploy these talents and help boost job creation and economic growth.

The law journal article, titled “Making the Case for Changing U.S. Policy Regarding Highly Skilled Immigrants,” expands on the chapter Tyler and Schuck co-authored in Rules for Growth, a collection of essays promoting innovation and growth through legal reform.

Read more of the article…>> http://law.fordham.edu/assets/ULJ/Schuck-Tyler_Christensen.pdf