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Understanding the Imported STEM Entrepreneur

Wednesday, February 24, 2016  
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For Release: February 24, 2016

SBA Number: 16-04 ADV

 

Contact: Elle Patout

Elle.Patout@sba.gov

 

Understanding the Imported STEM Entrepreneur
Advocacy report examines foreign-born STEM entrepreneurship.
 

          WASHINGTON, D.C. –Today, the Office of Advocacy, an independent office within the U.S. Small Business Administration, released a study entitled Imported Entrepreneurs: Foreign-Born Scientists and Engineers in U.S. STEM Fields Entrepreneurship by Margaret E. Blume-Kohout, MBK Analytics, LLC.  The report investigates several explanations for the differences in science, technology, engineering, and mathematics (STEM) entrepreneurship between U.S.-born and foreign-born college graduates.

 

“America was built on the ingenuity of its workforce, and American entrepreneurs in the STEM fields continue to harness this creativity,” said Chief Counsel for Advocacy Darryl L. DePriest.  “Today’s report shows we need to take it one step further by actively reviewing and encouraging strong policies that support immigrant STEM entrepreneurship as well.”

 

“As STEM companies create the products of the future, it is imperative that we understand the makeup of the entrepreneurs leading their success,” said Chief Economist Christine Kymn. “Today’s report outlines some notable trends among immigrants that could give policymakers ideas to help encourage more STEM entrepreneurship.”

 

Two top line items in the report include:

·         College-educated immigrants who earned their highest degree from a U.S. institution are more likely than native U.S. citizens and other foreign-born workers to engage in STEM entrepreneurship.

·         Foreign-born, foreign-educated workers who earned STEM graduate degrees outside the United States are more likely to work for startups than established organizations. 

 

The report can be found here on the Office of Advocacy website.

 

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The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed and Senate confirmed Chief Counsel for Advocacy advances the views, concerns and interests of small business before Congress, the White House, federal agencies, federal courts and policymakers. Regional advocates and an office in Washington, D.C., support the Chief Counsel’s efforts. For more information, visit www.sba.gov/advocacy, call (202) 205-6533 or get updates on Twitter (@AdvocacySBA) or Facebook at www.facebook.com/AdvocacySBA.  

 

 

 


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