[1] Two common barriers to international trade are tariffs (politically imposed) and the costs of transporting goods across oceans.
With the advent of the Internet, the decrease of the costs of telecommunications, and the possibility of near-instantaneous document transfer, the barriers to the trade of intellectual work product, which is, essentially, any kind of work that can be performed on a computer (such as computer programming) or that makes use of college education, have been greatly reduced.
[5] 40% of all publicly traded and venture founded companies in high tech manufacturing were started by immigrants.
To conduct the research, we examined the Thomson Financial database of all publicly traded venture-backed companies founded since 1970.
Conversely, the NVCA "American Made," publication makes little mention of US-born co-founders, makes an errant claim that Intel has an immigrant founder,[6] resulting in a faulty claim of the following companies employing more than 245,000 people in 2005:[5] Previous studies authored by Stuart Anderson, of the National Foundation for American Policy,[7] had been careful to make the distinction of, "...founded or co-founded..." whereas the National Venture Capital Association uses the term, "immigrant-founded" 55 times in its 39-page document.