Immigrant Entrepreneurs: Vital for American Innovation

Open borders brought Andrew Carnegie and Andy Grove to the U.S. They also brought Madeleine Albright and Henry Kissinger, a slew of German theoretical physicists to work on the Manhattan Project, and countless investors and entrepreneurs, including me. Immigrants to the U.S. have been transforming the industrial geography and the technology landscape since the 1860s when Scottish-born Andrew Carnegie launched Keystone Bridge Company, which became the cornerstone of his mammoth steel empire. A century later, Palestinian-born Jesse Aweida launched Storage Technology in Colorado, spawning an ecosystem of storage companies in the region. Shanghai-born An Wang turned a $600 investment into Wang Laboratories in Boston in 1951, and nearly five decades later Russian-born Sergey Brin co-founded Google.

http://www.forbes.com/sites/techonomy/2014/01/23/immigrant-entrepreneurs-vital-for-american-innovation/

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