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The Intelligence from The Economist cover image

Bait the hook! Fishing in the global talent pool

The Intelligence from The Economist

NOTE

Diversity Drives Innovation

Talent scarcity necessitates a broad approach to recruitment, particularly by including immigrants who bring unique experiences, knowledge, and language skills. A diverse team comprising both immigrants and native-born individuals enhances productivity and innovation. Research reveals that the loss of an immigrant scientist significantly reduces team productivity, underscoring their critical role in scientific advancement. Despite making up only 12% of the U.S. population, immigrants contribute to 36% of innovation, reflecting their outsized impact on the economy and the ability to enhance the productivity of their native counterparts.

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