Researchers at the Kauffman Foundation have found that the importance of highly skilled immigrants is growing "because immigrants are far more likely to start businesses – particularly high-tech companies – than are the native-born".
This can serve as a lesson for metro areas trying to attract these types of entrepreneurs. Foreign born entrepreneurs are more likely to locate in areas that have ethnically diverse populations. It is not surprising then to find that San Francisco along with Los Angeles and New York was home to about a third of all immigrant high-tech entrepreneurs in the country in 2011.
Source: Kauffman Foundation