impact of mit alumni entrepreneurs mit alumni have founded 25,800 currently active companies. the...
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Impact of MIT Alumni Entrepreneurs
• MIT Alumni have founded 25,800 currently active companies.
• The firms employ 3,300,000 people.
• These firms generate annual world revenues of $2,000,000,000,000.
• If currently active firms founded by MIT graduates were a country, they would be the 11th largest economy in the world.
Economic Impact of MIT Alumni Entrepreneurs - Entrepreneurial Impact: The Role of MIT, Roberts and Eesley, MIT & Kauffman Foundation for Entrepreneurship, February, 2009
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Drain Brains!• Immigrants started 25% of U.S. public companies that were
venture-backed.
• The market capitalization of publicly traded immigrant-founded venture-backed companies in the U. S. exceeds $500 billion.
• 40% of U.S. publicly traded venture-backed high-technology manufacturing companies were started by immigrants.
• 50%+ of the employment generated by U.S. public venture-backed high-tech manufacturers has come from immigrant-founded companies.
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INVENT!
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“Apple-ize” America
• Apple generated $65 Billion in revenue in 2009.– Greater than the GDP of 147 countries. – Apple “is” the 83rd largest country in the world
• >$45 Billion comes from product categories that Apple invented in the past 10 years.– iPods, iPhones, iPads and iTunes
• $30 billion comes from product categories that Apple invented in the past 4 years.
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Shale Gas Everywhere You Look
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French Tidal Power Plant Online in 1967
http://en.wikipedia.org/wiki/Image:Rance_tidal_power_plant.JPG
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300 in NYC’s East Rive by 2013
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Small Reactors to the Rescue?
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The Future Belongs to You