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Harvard’s ‘wise men’ tell Silicon Valley: Our country is losing its competitiveness | VentureBeat

A trio of Harvard Business School professors made a stop in Silicon Valley to warn that the economic competitiveness of the United States is lagging behind other countries. Their message was laced with hopes that entrepreneurship will save the country, but the facts they carried with them would depress members of any political party.

It’s no secret that the professors are raising the issue of competitiveness just before a presidential election. But their message, based on reports created over the past 18 months by 15 Harvard Business School professors, wasn’t partisan. In an October 2011 survey of 10,000 HBS alumni across the economy, about 71 percent of respondents expect U.S. competitiveness to decline over the next three years, with workers’ living standards under greater pressure. About 1,700 of the respondents had to personally make decisions about whether to leave the U.S. for jobs overseas.

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