Rebuilding a Real Economy Unleashing Engineering Innovation: Summary of a Forum (2010) / Chapter Skim
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2 Key Innovation Sectors
2 Key Innovation Sectors
Pages 7-14
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From page 7... ...
RESEARCH UNIvERSITIES Universities play a major role in the U.S. innovation system, said Jean-Lou Chameau, president of the California Institute of Technology.
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From page 8... ...
One policy innovation that could encourage the commercializa tion of ideas developed at research universities is for universities to Universities and governments provide more support for what must work together to Chameau called "vertical specializa support high-risk research, tion." Institutions that can enhance not just research aimed at incremental advances. the movement of early-stage tech nologies from laboratories and Jean-Lou Chameau start-up companies to development by larger firms could be extremely beneficial in many industrial sectors.
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From page 9... ...
And without the ability to take risk, we are stuck at the status quo or at best incrementalism." Holliday agreed that legal requirements can be a major factor in business decisions. When DuPont agreed to build its solar plant in China, in 60 days it had every permit it needed to build and operate the plant.
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From page 10... ...
NATIONAL LAbORATORIES Laboratories supported by the federal government -- including the large national laboratories funded by the Department of Energy -- are unique American assets, said Steve Koonin, under secretary of science at the Department of Energy. They can conduct research, development, and demonstration projects that are not well suited to universities while also constructing and operating major facilities that are open to all researchers.
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From page 11... ...
Holliday noted that incentives and policies in place today in the United States discourage companies from locating manufacturing jobs in this country. For example, the technologies deployed in the solar plant Incentives and policies in DuPont built in China were devel- place today in the United oped in the United States, but most States discourage companies of the jobs ended up in China.
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From page 12... ...
"If we think in old ways and say, ‘We're going to build cars or any product the way we did 20 years ago,' we lose, because our cost per hour is higher. But if we can use less labor and create higher-value manufacturing jobs, we win." In this regard, Holliday pointed to agriculture in the United States as Looking at the U.S.
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From page 13... ...
Lane agreed that new industries can produce many winners. "But I, for one, am for globalization if American companies that build American jobs win, first, and global companies that build American jobs win, second, and globalization for the good of mankind, third." Thirty years ago the number one concern of Americans was peace, he said.
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