Seven States Selected to Identify, Implement Strategies for Enhancing Manufacturing

A newly established policy academy providing guidance and technical assistance will help seven states improve their environment for innovation and align state R&D investments, workforce development and education systems with current and future needs of advanced manufacturing industries. The policy academy will help each state develop a plan or overcome barriers for putting a plan into action through a highly interactive team-based process that includes input from NGA, MEP, EDA, SSTI, private sector consultants, and research organizations.

New ITIF Report Benchmarks National Policies and Programs Supporting Manufacturers

The Information Technology & Innovation Foundation (ITIF) released International Benchmarking of Countries' Policies and Programs Supporting SME Manufacturers — a new report that identifies and analyzes manufacturing support programs and practices for small- and medium-sized enterprises (SMEs) that have been implemented in ten foreign countries (i.e., Argentina, Australia, Austria, Canada, China, Germany, Japan, Korea, Spain and the United Kingdom), in addition to those of the United States. The authors, Stephen Ezell and Robert D.

Despite Economic Troubles, Public Remains Committed to Manufacturing Sector

Most American (86 percent of survey respondents) believe manufacturing is "either important" or "very important" to our national economy, according to a new survey from the Manufacturing Institute and Deloitte. Topped only by the energy industry, manufacturing finished as the second most important industry to the national economy.

NGA Seeks State Teams for Policy Academy

The National Governors Association Center for Best Practices invites applications from U.S. states to participate in a Policy Academy on "Making" our Future: Encouraging Growth Opportunities in Manufacturing through Innovation, Entrepreneurship and Investment to Assist States in Developing and Implementing Economic Development Strategies aimed at spurring innovation and entrepreneurship in ways that encourage the growth of advanced manufacturing industries.

U.S. Manufacturing at a "Moment of Truth," According to New Booz & Co. Study

The U.S. stands at "moment of truth" regarding its manufacturing sector, according to a new study by Booz & Co. and the University of Michigan's Tauber Institute for Global Operations, Manufacturing's Wake-up Call. If neglected, the sector's output could fall by half in the coming years. If "a series of identifiable smart actions and choices" are made, U.S. manufacturing could produce 95 percent of all product consumed by the nation. The study points out three significant findings regarding the current and future state of U.S.

NY Dedicates Federal Funds for Investment in Emerging Tech Companies, Manufacturers

Lawmakers last week passed a measure establishing the Innovate NY Fund to invest $25 million of federal funds in technology development organizations, research universities, and seed-stage investment funds. The Empire State Development Corporation will administer the fund and establish a competitive process for evaluating applicants. Investment priority is given to companies involved in commercialization of R&D or high-tech manufacturing.

White House Announces Advanced Manufacturing and Research Initiative

President Barack Obama recently announced the creation of a national Advanced Manufacturing Partnership (AMP) to accelerate the development of manufacturing technologies at top engineering universities. The AMP initiative, which was developed based on recommendations from a report by the President's Council of Advisors on Science and Technology (PCAST), would leverage existing programs and proposals to invest more than $500 million in university and private R&D. The partnership is being called an "umbrella" for federal innovation programs.

National Interests Must Include Economic Development, According to Report

The Council on Competitiveness in partnership with Deloitte released Ignite 2.0: Voices of American University Presidents and National Lab Directors on Manufacturing Competiveness, the second installment of a three-part series on improving U.S. manufacturing competitiveness. According to the report, talent-driven innovation, education and advanced skills development coupled with research, science, technology and full life-cycle commercialization are the necessary drivers for a U.S. manufacturing resurgence.