Hurdles to hiring migrants ‘jeopardise US tech start-ups’
Frictions caused by visa programme ‘protect unproductive firms’, says Atlanta Fed paper
Bureaucratic obstacles to hiring skilled migrants reduce the productivity and survival rate of early-stage US tech firms, say researchers with the Federal Reserve Bank of Atlanta.
A new working paper claims that easing regulations on skilled migration would make technology-intensive sectors more dynamic.
The authors – Federico Mandelman, Mishita Mehra and Hewei Shen – argue that the H-1B visa programme make it harder for small firms to hire skilled foreign labour. H-1B is a specialty visa for
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