Free Enterprise
July 2, 2012
A Partnership for a New American Economy study finds that foreign-born scientists and engineers are doing a lot to help the U.S. innovate and stay globally competitive.
The report looked at the role that foreign-born scholars, faculty, and students play at the top ten patent-producing universities in the U.S. It found that 76% of patents awarded to these universities in 2011 had at least one foreign-born inventor. At Caltech it was 82%, at Georgia Tech it was 88%, and at the University of Illinois it hit 90%.
New companies often spring from these efforts. “From 1980 to 2010, more than 6,000 new companies were created to commercialize research conducted at U.S. universities,” the report states.
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