1. Eric Schmidt, interview by Kai Ryssdal, Marketplace, American Public Media, July 7, 2009.
2. Michael Porter, “Why America Needs an Economic Strategy,” Business Week, October 30, 2008.
3. Gerald F. Seib, “In Crisis, Opportunity for Obama,” Wall Street Journal, November 21, 2008.
4. Porter, “Why America Needs an Economic Strategy.”
5. Henry Rosovsky, “Two Thirds of the Best,” in The University: An Owner’s Manual (New York: Norton, 1990), 29–36.
6. Peter F. Drucker, Innovation and Entrepreneurship: Practice and Principles (New York: Harper Business, 1993), 23.
7. Frank H. T. Rhodes, The Creation of the Future: The Role of the American University (Ithaca, N.Y.: Cornell University Press, 2001), 5.
8. Drucker, Innovation and Entrepreneurship, 23.
9. Elizabeth D. Capaldi et al., “The Top American Research Universities, 2008 Annual Report,” Center for Measuring University Performance, http://mup .asu.edu/research2008.pdf (accessed August 20, 2009).
10. Richard L. Florida, The Rise of the Creative Class: And How It’s Transforming Work, Leisure, Community and Everyday Life (New York: Basic Books, 2002).
11. Ronald G. Ehrenberg, ed., The American University: National Treasure or Endangered Species? (Ithaca, N.Y.: Cornell University Press, 1997).
12. Our colleague Jonathan Cole has eloquently made this point throughout his monumental work, The Great American University: Its Rise to Preeminence, Its Indispensable National Role, Why It Must Be Protected (New York: PublicAffairs, 2009).
13. Drucker, Innovation and Entrepreneurship, 26.
14. Ibid., 33.
1. “College and University Endowments Over $250 Million, 2008,” Chronicle of Higher Education, August 24, 2009.
2. John Kao, Innovation Nation: How America Is Losing Its Innovation Edge, Why It Matters, and What We Can Do to Get It Back (New York: Free Press, 2007), 24.
3. Ibid., 25.
4. Morley Winograd and Michael D. Hais, Millennial Makeover: MySpace,