With an estimated 281 million people on the move worldwide, there’s no question migration is increasingly on the minds of politicians – and not necessarily those with the best intentions.
And yet research has long shown that migration brings significant economic benefits, including innovation, creativity, knowledge exchange, and fresh perspectives across borders. Recent data on the US economy show that 30% of the patented inventions in strategic industries involve migrant inventors, who make up to 20% of the workforce. And a major channel for these benefits, both for the host country and home country, is entrepreneurship.
