Oded Shenkar - The Chinese Century

Dr. Moira Gunn speaks with professor Oded Shenkar, Ford Motor Company Chair, Global Business Management, Ohio State University, and the author of, "The Chinese Century -- The Rising Chinese Economy and its Impact on the Global Economy, The Balance of Power and Your Job." (Streaming in MP3 and Windows Media.)

Shenkar points out that before the US surpassed England to become the world's largest economy (150 years ago), the British regarded Americans as cheap labor, and felt confident about their superior ability to innovate :-) He also mentions that the number of science and technology PhDs produced in Asia now surpasses the number produced here. (Furthermore, half of US PhD recipients are foreign nationals.)