A study commissioned by the National Venture Capital Association has found that venture-backed companies with at least one foreign-born founder are now responsible for more initial public offerings and job creation than before the economic downturn.

The Partnership for a New American Economy – a group of more than 450 Republican, Democratic, and Independent mayors and business leaders who support immigration reforms that will help create jobs for Americans – released a new study today, Patent Pending: How Immigrants Are Reinventing The American Economy, showing that 76 percent…