Immigration and entrepreneurship in the United States by Pierre Azoulay, Benjamin F. Jones, J. Daniel Kim and Javier Miranda
Contributor(s): Azoulay, Pierre
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Material type: 
ArticleSubject(s): EMPRESAS PEQUEÑAS Y MEDIANAS | EMPRENDEDORES | INMIGRACION | ESTADOS UNIDOS
In:
The American Economic Review v. 4, n. 1, March 2022, p. 71-88Summary: Immigrants can expand labor supply and compete for jobs with native-born workers. But immigrants may also start new firms, expanding labor demand. This paper uses US administrative data and other data sources to study the role of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how firms founded by native-born individuals compare. A simple model provides a measurement framework for addressing the dual roles of immigrants as founders and workers. The findings suggest that immigrants act more as "job creators" than "job takers" and play outsized roles in US high-growth entrepreneurship.
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| OP 2145/2021/4 The American Economic Review | OP 2145/2021/4-1 The tax elasticity of capital gains and revenue-maximizing rates | OP 2145/2022/1 The American Economic Review | OP 2145/2022/1-1 Immigration and entrepreneurship in the United States | OP 2145/2022/2 The American Economic Review | OP 2145/2022/3 The American Economic Review | OP 2145/2022/3-1 Five facts about the distributional income effects of monetary policy shocks |
Resumen.
Bibliografía.
Immigrants can expand labor supply and compete for jobs with native-born workers. But immigrants may also start new firms, expanding labor demand. This paper uses US administrative data and other data sources to study the role of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how firms founded by native-born individuals compare. A simple model provides a measurement framework for addressing the dual roles of immigrants as founders and workers. The findings suggest that immigrants act more as "job creators" than "job takers" and play outsized roles in US high-growth entrepreneurship.
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