Helping deep tech founders build in strange shores

James L. Banal*

Edited by Bertrand J. Neyhouse

Perspective | Aug. 29 2022

*Email: james@cache-dna.com

DOI: 10.38105/spr.0tnwlcw5of

Highlights

  • Immigrant deep tech founders are important cogs in the U.S. innovation economy
  • The U.S. is at risk of losing innovative deep tech talent to countries that have less challenging immigration policies
  • Immigration policy reforms could help immigrants flourish and continue contributing to the U.S. economy

Article Summary

Immigrant deep tech founders have significantly contributed to the trillion-dollar U.S. economy. Yet, U.S. immigration policies for foreign-born founders remain challenging to navigate. The U.S. may lose to the global competition for deep tech talent in countries like Australia, Canada, Germany, and U.K. where access to entrepreneurship visas are easier to obtain. If the U.S. wants to continue leading the world in deep tech innovation, it can expand immigration policies for foreign-born entrepreneurs to make building startups here more attractive — not only to promote innovation but to support the U.S. economy.

Open Access

CC_logo

This MIT Science Policy Review article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this license, visit http://creativecommons.org/licenses/ by/4.0/.

James L. Banal

Cache DNA, Foster City, California 94404 USA