Immigrant, Inc.Why Immigrant Entrepreneurs Are Driving the New Economy (and how they will save the American worker)
A provocative look at the remarkable contributions of high-skill immigrant entrepreneurs in America Both a revelation and a call-to-action, Immigrant, Inc. explores the uncommon skill and drive of America's new immigrants and their knack for innovation and entrepreneurship. From the techies who created icons of the new economy-Intel, Google, eBay and Sun Microsystems-to the young engineers tinkering with solar power and next-generation car batteries, immigrants have proven themselves to be America's competitive advantage. With a focus on legal immigrants and their odyssey from homeland to start-up, this unique book Explores the psyche, cultural nuances, skills, and business strategies that help immigrants achieve remarkable success Explains how immigrants will create the American jobs of the future-if we let them Whether you are a CEO, a civic leader, or an entrepreneur yourself, Immigrant, Inc. warns of the peril of anti-immigrant attitudes and a hostile immigration process. It also explains how any American can tap their "inner immigrant" to transform their lives and their companies. Written by an immigration lawyer who represents immigrant entrepreneurs and a journalist who specializes in international culture, the authors have a front-row seat to this phenomenon, offering a fascinating glimpse into the mindset of the most persistent entrepreneurs of the era.
Preface: My Immigrant Experience. Acknowledgments. Introduction: Welcome to Immigrant, Inc. Chapter 1 A Mighty New Idea. Chapter 2 The Mounting Evidence. Discovering a Phenomenon. The Accidental Entrepreneurs. Urban Legend? A Skill Grows Lucrative. Mother of Invention. The VCs' Keen Eye. New Seeds, Fertile Soil. Chapter 3 A Land of Opportunity, Still. A True Model Minority. An Idea, an Obsession. Learning to Persevere. Survival, Climbing, and Thriving. Where Business Is Business. Chapter 4 Restless Dreamers. Seeing It First. A 24-Hour Job. Mexico Never Tasted So Good. No Room for a Dream. The Colors of Palestine. Chapter 5 Earth's Best and Brightest. Attracting the Striver Class. An African Way. The Reluctant Italian-American. Out of Shadows, into Solar. Love, Study, and a Start-Up. At Home Far Away. Chapter 6 Cowboys of a New Frontier. A New Kind of Entrepreneur. A Melting-Pot Dream Team. The Super Prof. Joining a New England Tradition . The Guru. New Era of Innovation. Made in America? Reviving the Motor City. Spirits High, Lights Aglow. Chapter 7 Desperate Achievers: Prequel to Google. Starting from Nothing. The Boat People. An Artful Niche. The Family of Google. Anxious Wait for Visas. Chapter 8 Importing Solutions. A Gateway Re-Emerges. Tapping the Tide. Savvy Pilgrims, Creative Shopkeepers. A Wave of Home Restorers. A Boost for Everyone. The Power of One. Pushing Open the Door. Toward a "Shared Prosperity". A Harlem-Like Renaissance. Seeds of Progress. Chapter 9 The Stimulus We Need. An Immigrant Advantage. America Losing Ground. Suffering an Antiquated System. A Better Way. The Change We Need—Changing Attitudes. Chapter 10 Thinking Like an Immigrant. The Dream-Keepers. A Nation of Immigrants Indeed. Keys to Success. The Explorer. The Knowledge Advantage. For Pride, For Family. The Power of Teamwork. The Possible Dream. Appendix. About the Authors. Index.
"The authors describe the attributes that foster entrepreneurship in this group of individuals: immigrants tend to have a culture that supports education, entrepreneurship, family, and a high-energy work ethic. Entreneurship might also be important to this group because of issues related to discrimination, legal hassels, language barriers, and lack of money." (Choice, July 2010) "Immigrant, Inc., is the provocative title of a book that argues that talented newcomers are the best hope that America has to create the jobs we will need to lift this country out of recession." (sfgate.com, January 18, 2010) "The authors of Immigrant Inc. go beyond praising talented immigrant entrepreneurs to explore their mindset, cultural specificities and their high level of determination and innovative thinking." (Businessworld Magazine, India) "Want to add energy, creativity, jobs and increased prosperity to the regional and state economies? Do everything possible (and legal) to attract skilled immigrants. That is the compelling message of Richard T. Herman, a Cleveland immigration attorney, and Robert L. Smith, a Cleveland Plain Dealer reporter, in their new book." (Akron Beacon-Journal)
Richard T. Herman is the founder of Richard T. Herman & Associates, an immigration and business law firm in Cleveland, Ohio, which serves a global clientele in over ten languages. He is the co-founder of a chapter of TiE, a global network of entrepreneurs started in 1992 in Silicon Valley. He has appeared on ABC's 20/20, National Public Radio, Fox News, and various affiliates of NBC, CBS, and ABC. He has also been quoted in such publications as USA Today, InformationWeek, PC World, Computerworld, CIO, Site Selection, and National Lawyers Weekly. Robert L. Smith is a veteran journalist who covers international cultures and immigration for The Plain Dealer, Ohio's largest newspaper. He has written extensively about immigration issues and has interviewed people at all points of the immigrant experience, from undocumented field workers to millionaire entrepreneurs.
The question of what to do about illegal immigration stokes enough emotion and controversy to silence civil discussion. Lost in the contentious debate over immigration reform, tragically, has been the impact of legal immigrants and their remarkable success in the New Economy. The companies founded by immigrants stand as icons of the era: Google, Intel, Yahoo, Hotmail, Sun Microsystems, YouTube, and eBay. And those are just the superstars. From university laboratories to urban neighborhoods, from Silicon Valley to the Rust Belt, immigrants are playing key roles as innovators and job creators. Consider that: Today's immigrants are nearly twice as likely as non-immigrants to launch a business. Immigrant founders are behind more than half of the high-tech start-ups in Silicon Valley. Immigrants have become more likely than native-born Americans to earn an advanced degree, to invent something, and to be awarded a U.S. patent. Do these immigrants have a secret? It's a culture, actually. A culture of entrepreneurship that stems from education, thrift, family loyalty, and am-bition. Many of today's immigrants arrive ready-made to perform in a knowledge-based, global economy. They are world-class strivers who drop into capitalist America like seeds into the good earth. And they bloom here, creating businesses and jobs at astonishing rates. Authors Richard T. Herman and Robert L. Smith call this culture Immigrant, Inc. Their ground-breaking work explains how immigrants have become America's competitive advantage in a global economy and warns of the perils of losing that advantage, especially as the nation seeks to pull out of a great recession. With personal stories of immigrant journeys, the authors reveal the passions motivating America's immigrant achievers, their success strategies, and their power to revive communities and create new industries. Both a revelation and a call-to-action, Immigrant, Inc. reveals how you can join the new age of innovation—by thinking and acting like an immigrant. Immigrant, Inc. is a book that will forever change the way you look at immigrants...and America.
Praise for Immigrant, Inc.: Why Immigrant Entrepreneurs Are Driving the New Economy (and how they will save the American worker) "...well researched, wonderfully written, and a fun, fast read. Like The Millionaire Next Door (by Stanley & Danko), Robert Smith and Richard Herman wowed readers with stories of extraordinary people doing extraordinary things, and in the process, they are also creating a more diverse, vibrant and colorful America. A page turner—I couldn't put it down." —Loung Ung, author of First They Killed My Father: A Daughter of Cambodia Remembers and Lucky Child "We've all heard of the entrepreneurial power of modern-day immigrants to America. But this book goes further." —Neal Peirce, Columnist, The Washington Post, nationally syndicated writer "A passionate, persuasive case for immigration as a crucial investment in our country's future. This book is a timely call for clear thinking and positive action." —Charles Michener, author and former Senior Editor at The New Yorker and Newsweek "Unfortunately, with the economic downturn, xenophobia is building and political clouds of nativism are swirling in Washington, DC. This book couldn't have come at a more timely moment. I hope that all policymakers read this." —Vivek Wadhwa, columnist, BusinessWeek, researcher, Harvard Law School and Duke University, former high-tech entrepreneur "A rare and insightful look into the culture of immigrant entrepreneurship. Written with love, sensitivity, and the promise of what immigrants contribute to our great American society." —Alex Machaskee, former publisher and CEO, The Plain Dealer, Chairman of International Orthodox Christian Charities "Let's hope this book's captivating stories and meaningful insights move policymakers to re-light Lady Liberty's beacon." —Baiju R. Shah, President & CEO, BioEnterprise "This is a fascinating chronicle of what can be one of the most powerful economic development forces in our country in the coming years." —Alan R. Schonberg, founder, Management Recruiters International "Required reading for all policymakers and practitioners working to help America keep its competitive edge in the 21st century." —John Austin, Fellow, The Brookings Institution, Director, Great Lakes Economic Initiative "The authors' passion comes through in this fantastic book that points to the power and importance of intercultural partnerships in a global economy." —Connie Atkins, Executive Director, Consortium of African American Organizations "A real eye-opener." —Jan T. Vilcek, MD, Professor, NYU School of Medicine and President, The Vilcek Foundation
"We've all heard of the entrepreneurial power of modern-day immigrants to America. But this book goes further. It shows how newcomers to our shores, setting up their own firms, excelling in cutting-edge technologies, employing and working with native Americans, are essential to the United States' economic well-being, indeed its very future in a fiercely competitive 21st century world." —Neal Peirce, The Washington Post Writers Group "Immigrant, Inc. is well researched, wonderfully written, and a fun, fast read. Like The Millionaire Next Door, Robert Smith and Richard Herman wowed readers with stories of extraordinary people doing extraordinary things, and in the process, they are also creating a more diverse, vibrant and colorful America. A page turner—I couldn't put it down." —Loung Ung, author of First They Killed My Father and Lucky Child "The authors' passion comes through in this fantastic book that points to the power and importance of intercultural partnerships in a global economy." —Connie Atkins, executive director, Consortium of African American Organizations "Richard Herman and Robert Smith paint a compelling and accurate portrait of the powerful role immigrants play in our economy, and remind us that new people, ideas, and entrepreneurial energy is the American Dream story. Required reading for all policy makers and practitioners working to help America keep its competitive edge in the 21st century." —John Austin, senior fellow, The Brookings Institution, director, Great Lakes Economic Initiative "As Americans prepare to celebrate a Thanksgiving holiday that marks the harvest of some of the first European immigrants to America, they may want to settle in with some reading appropriate for the day. A good choice would be Immigrant, Inc.: ... In the end, judgments about immigration policy will, or should, turn less on calculations about the federal fiscal budget and more on assessments of America's national character as a refuge and a place where newcomers can innovate and build new lives, as they have from the days of those pioneering Pilgrims right through to the contemporary characters whose stories are so compellingly told in this book." —Ira Stoll, author of Samuel Adams: A Life and editor of FutureofCapitalism.com
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