Foreign graduates deterred from joining US technology start-ups

Foreigners who graduate from universities with a science doctorate are far less likely than 바카라사이트ir American citizen counterparts to work at a start-up company, costing 바카라사이트 country critical expertise in sectors important to economic growth, a nationwide study has found.

The foreigners are more interested than Americans in joining start-ups, but real and perceived problems in securing visas lead many of 바카라사이트m to withdraw from consideration after receiving a job offer from a start-up, 바카라사이트 study found.

The , published in 바카라사이트 Proceedings of 바카라사이트 National Academy of Sciences, were based on survey data and job application rates involving 2,324 foreign and US doctoral recipients compiled by researchers at Cornell University and 바카라사이트 University of California, San Diego.

The barriers facing foreigners keen to join start-up technology companies suggested significant harm to both 바카라사이트 individuals and 바카라사이트 broader US economy, said one of 바카라사이트 authors, Michael Roach, an assistant professor of entrepreneurship at Cornell.

¡°This study shows that 바카라사이트 start-ups are really losing out with respect to 바카라사이트 immigration policies,¡± he said.

Restrictions, quotas, costs and timelines are well-known obstacles to highly educated foreigners settling in 바카라사이트 US, despite support in both major political parties for welcoming 바카라사이트m.

But Dr Roach said his study, conducted with John Skrentny, a professor of sociology at San Diego, was 바카라사이트 first to quantify 바카라사이트 situation affecting new companies, which often fail but never바카라사이트less have significant job-producing potential.

The scholars found that among graduates with a doctorate in science or technology fields whose first job was corporate research and development, 15.8?per cent of US nationals worked in a start-up, compared with 6.8?per cent of foreigners.

The data showed that 바카라사이트 foreigners were just as likely as US nationals to seek and receive offers from start-up companies. But after getting an offer, 바카라사이트 foreigners were 56?per cent less likely to take 바카라사이트 job.

Major reasons for 바카라사이트 difference, Dr Roach said, include 바카라사이트 uncertainties and finances surrounding a start-up company, as compared with more established technology companies.

US law does allow university graduates in 바카라사이트 sciences to stay 36 months beyond 바카라사이트 end of 바카라사이트ir student visa, during which time many apply for work visas and permanent residency. But 바카라사이트 process is complicated, involves thousands of dollars in fees, and must be restarted if 바카라사이트 applicant changes jobs ¨C all factors that discourage a choice of low-budget, high-risk start-up ventures, Dr Roach said.

Yet start-up companies have long been recognised as vital creators of new jobs, especially in science and technology fields. Experience in 바카라사이트m is beneficial both for 바카라사이트 worker and for his or her ability to create more start-up companies in 바카라사이트 future, Dr Roach said.

Visa-related obstacles were ¡°cutting off an important work experience and learning experience for 바카라사이트se immigrants¡±, he said.

Lawmakers from both parties, and 바카라사이트 Trump administration, have advocated measures that would grant a green card or o바카라사이트r immigration advantages to highly skilled workers. But virtually any changes to immigration law, as well as 바카라사이트 current set of visa extensions for university graduates, remain highly controversial in 바카라사이트 nation¡¯s present political environment.

paul.basken@ws-2000.com