"Business creation is not a particularly useful metric"
Business creation is wealth creation. It is job creation. It is everything to the american economy.
"I mean, one co-founder had one parent born overseas and the company is counted as immigrant founded"
No it is not counted as immigrant-founded. The point of this statistic is to show that immigration has a positive effect on business creation. In other words, had the parent never immigrated, the child would not have founded a business (created wealth) in the USA.
I think the same is true in reverse: americans who emigrate are probably creating more businesses in countries they emigrate to, than citizens of these countries. Immigrants are risk-takers who want to take control of their working lives.
> Business creation is wealth creation. It is job creation. It is everything to the american economy.
Most new businesses are small businesses. The jobs associated with small business are significantly worse than those associated with larger business. You are oversimplifying this.
Comments
"Business creation is not a particularly useful metric"
Business creation is wealth creation. It is job creation. It is everything to the american economy.
"I mean, one co-founder had one parent born overseas and the company is counted as immigrant founded"
No it is not counted as immigrant-founded. The point of this statistic is to show that immigration has a positive effect on business creation. In other words, had the parent never immigrated, the child would not have founded a business (created wealth) in the USA.
I think the same is true in reverse: americans who emigrate are probably creating more businesses in countries they emigrate to, than citizens of these countries. Immigrants are risk-takers who want to take control of their working lives.
> Business creation is wealth creation. It is job creation. It is everything to the american economy.
Most new businesses are small businesses. The jobs associated with small business are significantly worse than those associated with larger business. You are oversimplifying this.
Are you saying the average immigrant founder creates small businesses of inferior quality than the average business?