April 13, 2017
From the article:
Foreign computer scientists granted H-1B visas to work in the US during the IT boom of the 1990s had a significant impact on workers, consumers and tech companies, researchers said.
Bound, Morales and Gaurav Khanna of the University of California-San Diego found that "the high-skilled immigrants had a positive effect on innovation, increased the overall welfare of Americans and boosted profits substantially for firms in the IT sector."
Immigration also lowered prices and raised the output of IT goods by between 1.9 per cent and 2.5 per cent, thus benefiting consumers. Such immigration also had a big impact on the tech industry's bottom line.