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But a nationwide survey by political scientist David Hart and economist Zoltan Acs of George Mason University reached a different conclusion. In a 2011 piece in Financial Growth Quarterly, Hart and Acs note that between forty and seventy five % of new jobs are created by not more than 10 p.c of new companies—the so-known as excessive-influence corporations that have quickly expanding gross sales and employment. Of their survey of high-influence expertise firms, solely 16 percent had at the least one overseas-born founder, and immigrants constituted about 13 percent of total founders—a figure near the immigrant share of the final population. But the extra basic drawback with Wadhwa’s research, Hart and Acs counsel, is that it does not report the full number of founders at a given company, making conclusions about immigrants’ overall contribution unimaginable to quantify.
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