00:00:00
skilled immigrants like those who come
00:00:01
in on H1B visas are really positive for
00:00:05
firm performance for a few different
00:00:07
reasons one is that they are bringing in
00:00:09
a different set of ideas a different set
00:00:11
of knowledge a different set of
00:00:13
connections than what Americans have and
00:00:16
in addition that different knowledge
00:00:18
those different ideas those different
00:00:20
connections when they combine with what
00:00:22
Americans have also tends to create new
00:00:25
innovation because Innovation often
00:00:27
comes from recombining different ideas
00:00:29
and so not just that they themselves are
00:00:31
bringing this but also they're making
00:00:33
Americans more productive within the
00:00:35
firm in addition when it comes to
00:00:38
expanding globally they're allowing
00:00:40
firms to expand more successfully and
00:00:43
more easily particularly into their home
00:00:45
country because they know those Norms
00:00:47
they know those preferences they know
00:00:49
how government's contracts work and so
00:00:51
they're not just making them more
00:00:52
successful within the country but also
00:00:55
abroad as well
