China could become the world’s largest trade nation in a few years and the largest overall economy by 2030, according to the World Bank. If the United States is to retain economic dominance, it must aggressively promote entrepreneurship in order to bolster idea innovation, productivity and job creation.
Unless America changes the status quo, China’s surpassing of United States GDP is simply a matter of time. The figures are clear: Between 2008 to 2012, the U.S. dropped from first to fifth place in the World Economic Forum’s Global Competitive Index. Our quality of math and science education is 51st place out of 138, and our secondary education enrollment rate is 50th place.
To read the full, original article click on this link: Entrepreneurship: The Solution to Our Innovation Problem - Forbes
