The Hindu | The U.S.’s immigration blocks as a self-defeating path
What do we see in the bustling corridors of Silicon Valley, the research labs of Boston, and the biotech hubs of San Diego? Skilled immigrants do not just fill jobs; they create them. They launch startups, file patents and drive innovation, expanding the very foundation of American employment.
However, to understand this, we need to challenge our most basic assumptions about how labour markets work in knowledge economies.
The debate over H-1B visas in the United States seems to hinge on a seemingly very intuitive argument: that restricting skilled immigration will translate into more jobs for native workers. On the contrary, extensive research has shown that this approach is flawed and, in fact, counterproductive to innovation and job creation.
By Arindam Goswami
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