Browsing by Author "Viswanath, Bhavesh"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Can Firms Import Innovation?The Impact of H-1B Visa Sponsorship on Company Innovation & Performance
    (2018) Viswanath, Bhavesh;
    Immigration policy has always been a controversial topic in the United States of America. There have been studies published on the economic implications of the H-1B visa program but there is a gap in research on the innovation and financial implications for companies that hire H-1B workers. This thesis will focus on measuring the impact of H-1B workers on company performance by creating dynamic panel dataset using data from the Department of Labor and Wharton Research Data Services. This thesis uses simple linear regressions, fixed effects regressions and general methods of moments to measure H-1B employees impact on innovation and company performance. The analysis shows that H-1B employees on average have a positive impact on the research and development spending as well as the operating margin of their employer. This result was consistent with human capital theory assumptions, that more educationally adept workers contribute positively to firms and society. For the US to continue to stay at the forefront of innovation, high skilled labor is required for American companies. As reforms to the H-1B program are being proposed, this thesis aims to begin a conversation on immigration and innovation using empirical evidence.
  • Thumbnail Image
    Item
    The Impact of Transportation Infrastructure on Tourism in Cusco and Jauja
    (2016) Viswanath, Bhavesh
    This project will use the grounded theory research mythology as proposed by sociologists, Barney Glaser and Anselm Strauss to explore the impact of transportation infrastructure on tourism development and tourist satisfaction in the Peruvian cities of Jauja and Cusco. Cusco serves as an example of a well-established tourist location whereas Jauja is in the early stages of tourism development. Jauja is using Cusco as a model to attract foreign tourists to the central part of Peru. This paper explores whether Cusco is a worthy model for Jauja and other developing tourist cities as well. It was found that transportation infrastructure plays a key role in satisfying tourists, especially in terms of road and air safety. The findings suggest that though Cusco has improvements that can be made like reorganizing city traffic and adding lights to highways, tourists were generally satisfied with Cusco’s transportation infrastructure. This implies that Cusco has the potential to serve as a model for Jauja and developing tourist cities akin to it.