Advanced Manufacturing: The Key to America’s Innovation Advantage

As discussed in prior issues of Trends, the United States is regaining manufacturing jobs from overseas.  In many cases, it’s merely a matter of making the most of our growing cost advantage in raw materials and logistics.  However, in so-called advanced manufacturing industries, intellectual and creative advantages play a much more important role.  That raises some important questions such as:  What specific aspects of advanced manufacturing provide the United States with a competitive advantage?  Is this competitive advantage sustainable?  What policies should the private and public sectors put in place to maximize this advantage, long-term?  We’ll provide the answers.

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