The U.S. economy has changed dramatically in recent decades, from one that was heavily industrial to one that is mostly service and knowledge based. In the process, demand has grown for workers with higher levels of education and a different mix of skills. This period of rapid change is far from over. Population aging, the rise of new…

This paper examines the impact, characteristics, and entrepreneurial proclivities of foreign-born college graduates in the United States. A significant body of research has found that immigrants are more likely to start businesses than those born in the U.S., and the propensity of international students to concentrate in STEM fields indicates…