Making Value for America Embracing the Future of Manufacturing, Technology, and Work (2015) / Chapter Skim
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4 Creating a Prosperous Path Forward: Recommended Actions
4 Creating a Prosperous Path Forward: Recommended Actions
Pages 102-114
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From page 102... ...
A variety of stakeholders also have important roles to play to ensure that the United States has a robust innovation ecosystem to support manufacturing value chains and the broader economy; these stakeholders include federal, state, and local governments; economic development organizations; educational institutions; and research organizations. This chapter presents the committee's recommendations of specific actions for the various stakeholders in each of the fundamental areas described in Chapter 3 to ensure US leadership in making value along the manufacturing value chain.
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From page 103... ...
• Companies should examine their business models to search for missed opportunities to leverage distributed tools and coordinate manufacturing and product lifecycle services. Radical gains come from producing new solutions not provided by others.
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From page 104... ...
Congress and state governments should create tax credits or other incentives to encourage investments in educational partnerships involving businesses, community colleges, and universities to provide students and displaced workers with the knowledge and skills needed for higher-paying careers. • Middle schools, high schools, universities, and local communities should provide opportunities for students to participate in team-based engineer ing design experiences and learn to use emerging digital and distrib uted tools.
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From page 105... ...
establish national skills certifications that are widely recognized by employers and count toward degree programs, and (2) improve access for students and workers to acquire these certifi cations.
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From page 106... ...
In addition to leveraging the strengths of its diverse population, America can improve its ability to create value by attracting and retaining talented people from other countries. The United States already attracts students from all over the world for postgraduate education in the STEM disciplines, but because of current US immigration policies not all of the graduates who wish to stay and work are allowed that option.
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From page 107... ...
ACTIONS TO STRENGTHEN LOCAL INNOVATION NETWORKS The United States needs to encourage new business creation across the value chain to stimulate innovation and job creation. Business creation across the value chain and the broader economy is critical for the US economy.
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From page 108... ...
Recommendations • Metro area and state governments, industry, higher education, investors, and economic development organizations should partner to create local innovation networks. Any one of these stakeholders can spearhead the creation of such a network.
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From page 109... ...
A permanent tax credit would stimulate R&D spending, thereby increasing economic growth and fostering innovation. • Federal agencies should facilitate industry and government cooperation to identify shared opportunities to invest in precompetitive research in long-term, capital-intensive fields such as next-generation batteries and biotechnologies, for which capital availability is scarce.
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From page 110... ...
Federal agencies should work to improve access to high-performance computing. ACTIONS TO IMPROVE METHODS OF MONITORING MANUFACTURING VALUE CHAINS Federal programs and statistics should be modernized to account for the diminishing distinction and complex relationships between manufacturing, information, and services.
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From page 111... ...
Federal programs to revitalize manufacturing in the United States, such as the Advanced Manufacturing National Program Office (AMNPO) , the Manufacturing Extension Partnership, and the Advanced Manufacturing Partnership, should not lose sight of the impor tance of software and service providers.
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From page 112... ...
• Congress must reform immigration policy to welcome and retain high-skilled individuals with advanced STEM degrees, especially those educated in the United States. • The Small Business Administration should focus on helping young businesses become globally competitive as opposed to focusing on older, established small businesses.
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From page 113... ...
State • State governments should establish incentives for businesses to governments invest and be involved in education programs. • State governments should partner with local governments, industry, higher education, investors, and economic development organizations to create local innovation networks.
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From page 114... ...
• Metro area governments should work with state governments to optimize the decision-making process for urban development investments and siting in order to facilitate the creation of innovation networks. • Local governments, with state government and Congressional support, should invest in a world-leading wireless infrastructure.
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