Introduction: Why Global Talent Matters to You
1. Talent on the Move
2. The Economics of Talent Clusters
3. Innovation in the United States
4. Points Versus Firms
5. The Education Pathway
6. Talent Clusters to Rule Them All
7. The New HR Challenge
8. Global Diffusion Remade
9. Revenge of the Nerds
Conclusions: Fragile U.S. Leadership
William R. Kerr is Professor at Harvard Business School and Co-Director of the school's Managing the Future of Work initiative. A recipient of the Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship, he works with companies and governments worldwide on accessing and leveraging global talent for innovation and growth.
"This is a clear-eyed exposition of how talent moves around the
world and why so much lands in the United States. Chock-full of
compelling data, this book shows that the economic stakes in
today's over-heated immigration debate couldn't be higher. This is
a must-read for policy makers."—Janet Napolitano, President of the
University of California, former Secretary of Homeland Security and
Governor of Arizona
"This book is brilliant, lucid, and timely. William Kerr
understands the value of talent, and demonstrates a wealth of it
himself in his exploration of why and how smart people migrate and
cluster. A must-read for anyone who wants to understand this
crucial topic."—Robert Guest, Foreign Editor of The Economist, and
author of Borderless Economics
"America's small businesses are under pressure when it comes to
accessing the skilled workers they need to compete. William Kerr
brilliantly illuminates a framework for the critical conversation
that we need to have if we want small businesses to continue to
drive our nation's economic success."—Karen G. Mills, Former
Administrator of the U.S. Small Business Administration and Cabinet
Member under President Obama
"If immigration is to provide sizable economic gains to a receiving
country, the place to look is high-skill. William Kerr gives a
comprehensive and objective summary of what we know about its
economic impact. The book is an invaluable resource."—George J.
Borjas, Harvard Kennedy School, and author of We Wanted Workers
"The Gift of Global Talent offers key insights on how immigrant
entrepreneurs spur U.S. economic growth, create American jobs, and
help to further technological and scientific advancement in the
U.S. It is an important addition to our national dialogue on
immigration and should be required reading for policymakers."—Bobby
Franklin, President and CEO, National Venture Capital
Association
"Its explanation of the role of high-skilled immigration and the
reforms that are needed to maintain US competitiveness make this
one of the most important books on policy of our time. As Kerr
explains, knowledge and talent are now the world's most important
resources."—Vivek Wadhwa, Carnegie Mellon University, author, The
Driver in the Driverless Car
"By showing how talent shapes economies and impacts organizations,
Kerr has created a compelling, essential book for the C-suite,
especially CHROs. In the competitive search for diversity and
talent, companies will need to understand talent clusters and flow.
This book provides valuable context as they develop their
strategies."—Scott Rutherford, Senior Partner, McKinsey &
Company
"The Gift of Global Talent crystalizes how much the American
economy benefits from skilled foreign workers. For American
innovation to thrive in the 21st century, we must attract the best
minds out there, and Kerr's excellent book teaches us how to do
just that."—Edward Glaeser, Harvard University and author, Triumph
of the City
"If you want to understand why Boston and Silicon Valley have
created such vibrant ecosystems, read this book! All of the best
and brightest don't work in the U.S., and we should do everything
we can to attract and keep that talent. This is the fuel for future
generations of startups."—Dharmesh Shah, Co-Founder and CTO,
HubSpot
"As advanced technologies and artificial intelligence reshape
business and the future of work, access to great and digitally
expert talent is critical. Kerr's powerful book describes how
leading companies and countries can attract and leverage this
highly mobile and connected professional population for the broader
benefit of their organizations and societies."—Vittorio Colao, CEO,
Vodafone Group
"Kerr's pioneering research on talent coalesces in this essential
new book. Talent clusters and an openness to them determine the
wealth of cities, nations, and the global economy. A must-read for
CEOs, policy makers, and mayors, this is the antidote to the
populism threatening the world."—Richard Florida, University of
Toronto, Editor-at-Large, CityLab, The Atlantic and author of The
Rise of the Creative Class
"Kerr's work, based on solid empirical evidence and free of
political bias, is easily understandable as he navigates economic
theory and public policy. Readers interested in business,
economics, sociology, or political science will enjoy this balanced
perspective on what Kerr calls the 'defining issue for our time.'
Highly recommended."––R. Dupont, CHOICE
"You've probably heard the idea that data, not oil, is the most
valuable resource of the 21st century. If you read The Gift of
Global Talent, and I think you should, you might conclude that
skills are our most precious resource.As [the book] amply
documents, the U.S. continues to put up barriers that prevent the
most skilled and educated individuals from working (and studying)
in the U.S."—Joshua Kim, Inside Higher Ed
"An especially valuable aspect of [Kerr's] research is the fact
that he does indeed effectively connect the academic, analytical
approach to the book's subject matter with business- and
practice-oriented conclusions, including some very interesting
predictions and policy recommendations. In addition, Kerr relies on
his family experience (p. 174). He thus has a deep personal
knowledge of the subject matter and offers an important human
perspective in regard to the issue of brain drain as well as
migration in general."—Andrei V. Korobkov, Contemporary Sociology
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