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来源类型Working Paper
规范类型报告
DOI10.3386/w26392
来源IDWorking Paper 26392
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
发表日期2019-10-21
出版年2019
语种英语
摘要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.
主题Microeconomics ; Households and Firms ; Financial Economics ; Financial Institutions ; Corporate Finance ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w26392
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584066
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Stephen G. Dimmock,Jiekun Huang,Scott J. Weisbenner. Give Me Your Tired, Your Poor, Your High-Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success. 2019.
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