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US immigration delays will stymie job creation

Wednesday, February 18, 2015

Significance

When announcing his enabling executive order in November 2014, Obama also vowed to ease the path for entrepreneurs to secure visas.

Impacts

  • Immigration policy is eroding the entrepreneurship advantage of Silicon Valley and other US tech hubs.
  • Research could shift to overseas developments or partnerships with non-US companies.
  • However, increased numbers of H-1B visas will depress wages in the US tech sector.
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