SBA on Brain Drain, Mobility, and Educational Attainment

The post below was originally posted at Richard Florida’s Creative Class Exchange.

Earlier this week, Chad Moutray, Chief Economist of the Office of Advocacy for the SBA,  released a research paper titled Educational Attainment, “Brain Drain,” and Self-Employment: Examining Interstate Mobility of Baccalaureate Graduates, 1993-2003.

The paper makes use of the Dept. of Edu’s 2003 Baccalaureate and Beyond (B&B) database. Moutray investigates the employment and location of self-employed and wage and salary workers 10 years after graduation. Some of the findings include:

  • academic achievement (grades) is more likely to indicate higher mobility than choice of major
  • states with “knowledge economies” are more likely to attract these highly mobile college graduates
  • having strong ties to home detracts from mobility – actually owning a home ‘crushes’ mobility for self-employed

You can download this interesting and important paper via the SBA’s Office of Advocacy and here’s the link to the December 8 press release.

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