Yeah, I’ve read some of what he says. He’s right and he’s wrong; American public education is indeed designed to produce workers, but we still have far more entrepreneurs per capita than, say, China.
Hmmm. Not to ignore the fact that this essentially sidesteps my point that school should not necessarily be associated with credibility, but you’ve succeeded in making me curious: what do you think the difference is between the US and China that would explain that?
Actually, I think I’m wrong on the facts here; The GEM 2011 Global Report has some tables about this, but they don’t copy/paste very well. The U.S. is ranked first in “early-stage entrepreneurial activity” (percentage of the population that owns or is employed by a business less than three and a half years old) among nations characterized as “innovation-driven economies” (a category that includes most of Europe, Japan, and South Korea) at 12.3%, but “efficiency-driven economies” (which includes China, most of Latin America, and much of Eastern Europe) tend to have higher values; China is listed at 24.0%,
Yeah, I’ve read some of what he says. He’s right and he’s wrong; American public education is indeed designed to produce workers, but we still have far more entrepreneurs per capita than, say, China.
Hmmm. Not to ignore the fact that this essentially sidesteps my point that school should not necessarily be associated with credibility, but you’ve succeeded in making me curious: what do you think the difference is between the US and China that would explain that?
Actually, I think I’m wrong on the facts here; The GEM 2011 Global Report has some tables about this, but they don’t copy/paste very well. The U.S. is ranked first in “early-stage entrepreneurial activity” (percentage of the population that owns or is employed by a business less than three and a half years old) among nations characterized as “innovation-driven economies” (a category that includes most of Europe, Japan, and South Korea) at 12.3%, but “efficiency-driven economies” (which includes China, most of Latin America, and much of Eastern Europe) tend to have higher values; China is listed at 24.0%,