The Business School′s Impact on US Competitiveness

A nation′s capacity to compete in international markets is influenced by a number of factors including R&D expenditures,radical innovation, productivity, machine tool production and patents. The United States′ declining capacity to dominate selected markets is related to reductions in these factors. Although one can argue that, in general, the managerial practices of business executives are responsible for that decline, a number of more specific causes are isolated. It is argued that the quickest solution to the competitiveness situation is through proactive business extension programmes.