Is America losing its competitive advantage?

Is America really losing its competitive advantage? What is the real advantage America has over other nations of the world? Many concerned politicians and business leaders worry about the possibility of America losing its competitive advantage in science and in technology to other nations, they talk about the need for the American educational system to lure more students into majoring in science and in technology.

Does America’s competitive advantage really stem from America’s mastery of science and technology?
As an individual who lived and experienced three different cultures (including the American culture), I can say that America’s competitive advantage stems from the ingenuity of the American people and the ability of the American people to invent and tackle challenges.

The spirit to innovate is what gives America its competitive advantage and as long as this spirit is well woven into the American culture, America will lead the world in innovations and in technology.