New Directions in Manufacturing Report of a Workshop (2004) / Chapter Skim
Currently Skimming:
6 Innovation and U.S. Manufacturing
6 Innovation and U.S. Manufacturing
Pages 34-38
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 34... ...
TABLE 6-1 Percent Average Annual Productivity Gains in the United States 1950-1960 1961-1970 1971-1980 1981-1990 1991-2002 1977-2002 All U.S. Business 3.3 3.2 1.9 1.7 2.2 1.8 Manufacturing 2.0 2.6 2.6 2.9 3.6 3.0 SOURCE: Bureau of Labor Statistics, U.S.
|
From page 35... ...
Of the four wealth-creating sectors, manufacturing plays a unique role because, unlike agriculture and mining, it is not directly limited by natural resources and, unlike construction, most manufacturing products are easily transferable across national and international borders. Manufacturing therefore is and will continue to be the fundamental basis for the economic health and security of the United States.
|
From page 36... ...
manufacturing firms must increase productivity in order to survive. However, without nurturing of our knowledge base, there is no assurance that innovation will continue producing new industries, and even less assurance that those new industries will be based in the United States.
|
From page 37... ...
The federal government can improve innovation by encouraging other research funding agencies to meet the same research to development funding ratio as DoD. Because DoD has clear needs, it requires that each research proposal include a section on potential applications.
|
From page 38... ...
The federal government can enact structural changes to improve the ability of industry and academia to foster industry-creating innovations. These changes deal primarily with the limitations of people in dealing with technology and the lack of technology development structure and include: Measuring manufacturing as a generator of wealth instead of as a direct employer to help policy makers understand the true impact of changes in the manufacturing sector; Improving continuing education for manufacturing workers to improve direct product and process innovation and to prepare workers for future industries; Balancing federal research budgets between research and development so that research expenditures aren't squandered by failure to fully develop the new knowledge; and Requiring researchers to include potential applications and cost-benefit justification to ensure a favorable return on taxpayer investment.
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.