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innovation

The archetypal U.S. innovator is not a young white college dropout building a startup in his garage, argues a wide-ranging new study of the demographics of U.S. innovators.

Rather than Steve Jobs or Bill Gates,  a middle-aged male Ph.D. toiling at a large U.S. firm—and perhaps born abroad—is more likely to be behind the next big thing, conclude researchers from George Mason University (GMU) in Fairfax, Virginia, and the Information Technology and Innovation Foundation (ITIF), a Washington, D.C.–based think tank.