Opportunity Missed: A Brief Look at Entrepreneurship in the U.S. and China

The promise or threat of China’s economy has fired the American imagination ever since the first Yankee clipper ship captains voyaged there in the 1780s. Whether perceived as a limitless market for American goods or as an intimidating rival, China is indeed a force to be reckoned with. At first glan...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
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Online Access:https://ink.library.smu.edu.sg/ksmu/171
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1170&context=ksmu
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Institution: Singapore Management University
Language: English
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Summary:The promise or threat of China’s economy has fired the American imagination ever since the first Yankee clipper ship captains voyaged there in the 1780s. Whether perceived as a limitless market for American goods or as an intimidating rival, China is indeed a force to be reckoned with. At first glance, Reed Hundt’s In China’s Shadow is another in a recent spate of books probing the nature of China’s startling rise over the last 30 years. Yet Hundt, former chairman of the FCC during the presidency of Bill Clinton, has written a book whose subtitle is more indicative of his thesis: The Crisis of American Entrepreneurship.