The Economy & You #49: Elements of Manufacturing Competitiveness
Manufacturing or the process of “making things” is critical in keeping our nation competitive. Manufacturing helps to promote innovation, knowledge creation and economic prosperity. Think about this, when we create products through advanced manufacturing techniques, we are supporting basic and higher education through knowledge creation and innovation. We are supporting economic prosperity through business development, intellectual property development and job creation. Therefore, the future of manufacturing will depend on our nation focusing its efforts on the development of talent, continuous innovation, stable and affordable energy, and government policies that help to encourage and support manufacturing.
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