My experience with entrepreneurs is very first hand. Remember, I ran a number of investment bank research departments. As for the capability of Asian entrepreneurs: the nerdy number-cruncher of the stereotype is not the competition you have to worry about. There are 35 million Chinese studying classical piano. That’s not counting the string players. Kids who study math and science AND play classical music aren’t robots. They’re likely to be smart and inventive. I sit on the board of a music conservatory in New York; we have an orchestra that at its best is hard to distinguish from the NY Philharmonic, and two-thirds of the players are Asian. Classical music is the most unique and characteristic Western art form and Asians are starting to dominate it.
You have a tsunami of competition coming straight at you.
Most Asian college grads, by the way, are diploma-mill dross. The doctorates are pretty good. I hired tons of them on Wall Street.
That characteristic alone makes them formidible competitors.
who could emulate Ronald Reagan with a fair degree of credibility - Mike Huckabee, Newt Gingrich and Rick Santorum all come to mind.
I must respectfully disagree. Reagan had a vision of and for this country. Huckabee and Gingrich only have visions of themselves sitting in the Oval Office, riding Air Force One and listening to "Hail to the Chief" at state dinners. Both would be disasters for the Republican Party registering on the Nixon/Dole scale.