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Give Me Your Tired, Your Poor, Your High-Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success / Stephen G. Dimmock, Jiekun Huang, Scott J. Weisbenner.
- Format:
- Book
- Author/Creator:
- Dimmock, Stephen G.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26392.
- NBER working paper series no. w26392
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Give Me Your Tired, Your Poor, Your High-Skilled Labor
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2019.
- Summary:
- We study how access to high-skill labor affects the outcomes of start-up firms. We obtain exogenous variation in firms' ability to access skilled labor by using win rates in H-1B visa lotteries. Relative to other firms that also applied for H-1B visas, firms with higher lottery win rates are more likely to receive additional venture capital funding and to have a successful exit via an IPO or acquisition. H-1B visa lottery winners also subsequently receive more patents and patent citations. Overall, our results show that access to high-skill labor is a critical determinant of success for start-up firms.
- Notes:
- Print version record
- October 2019.
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