The American economy faces two deep problems: expanding innovation and raising the rate of quality job creation. Both have roots in a neglected problem: the resistance of Legacy economic sectors to innovation. While the U.S. has focused its policies on breakthrough innovations to create new economic frontiers like information technology and biotechnology, most of its economy is locked into Legacy sectors defended by technological/ economic/ political/ social paradigms that block competition from disruptive innovations that could challenge their models. Americans like to build technology...
The American economy faces two deep problems: expanding innovation and raising the rate of quality job creation. Both have roots in a neglected proble...
After a long decline in American manufacturing in the 2000s -- manufacturing employment fell by one third, 64,000 factories closed, manufacturing capital investment and output suffered, and the productivity rate dropped during this period. Simultaneously, the U.S. had been systematically shifting production abroad, and the decline in production capability was starting to affect innovation capacity -- which had long been viewed as a core strength of the U.S. economy. Advanced Manufacturing: A New Policy Challenge reviews the origins of the policy response to this dilemma, which came to be...
After a long decline in American manufacturing in the 2000s -- manufacturing employment fell by one third, 64,000 factories closed, manufacturing capi...
