Rule #1 in all social science is: Never trust anecdotal evidence. On the other hand, I was immediately intrigued by this quote about the (alleged) decline in American entrepreneurship:
“In the vast majority of companies I look at today, the leaders are Israelis, Indians, Chinese, Finns, Danes. They aren’t coming out of the American culture,” he [David Strohm, general partner at Greylock] said. “Liquidity is a major problem.”
The Chinese and the Danes are coming. Globalisation is on the roll.
Source: C|Net 2006-06-09 – ‘What’s killing American competitiveness? Too much money, says VC’