Managers of both small and large American firms keenly realize that
global competition£¬especially from Asian nations£¬is becoming more
and more intense£®The underlying causes for¡ªthe United States¡¯inabil¡ª
ity to maintain its leadership in the world{marketplace are broad£¬
difluse£¬and complex£®They permeate nearly every aspect of the na¡®
tion¡¯S economy and social system£®But it iS not as if the United States
lacks vitally important advantages and resources£®U£®S£®science and
technology are still preeminent in most basic fields of knowledge£®The
challenge ahead is not primarily scientific or technological£»it is man¡£
agerial£®Global competition poses a challenge to American institu¡£
tions¡¯ability to coordinate their energies and activities£®This requires
a new vision and new managerial approaches-what Peter Drucker
calls¡°entrepreneurial management£®¡¯¡¯
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