Innovation Imperative in Manufacturing – How the U.S. Can Restore Its Manufacturing Edge
“Nothing is more important than innovation. The minute we stop innovating, we die.” This remark, made by one of the manufacturing company executives interviewed for this report, mirrors the urgency of the findings.
In these challenging economic times, business innovation is more than ever a critical strategic imperative. This article assesses the state of innovation in the United States; describes the most effective tools for promoting innovation, according to the respondents to our innovation assessment survey; and explores how stakeholders — company executives and policymakers alike — can take practical steps to move toward the shared goal of encouraging and sustaining innovation. We hope this report helps to enhance the state of manufacturing innovation in the United States.