WASHINGTON—Spurring innovation and entrepreneurship in ways that encourage the growth of advanced manufacturing industries is critical to a state’s economic development. To assist states in developing and implementing successful economic development strategies, the National Governors Association (NGA) today announced seven states – Colorado, Connecticut, Illinois, Kansas, Massachusetts, New York and Pennsylvania – selected to participate in the Policy Academy on “Making” our Future: Encouraging Growth Opportunities in Manufacturing through Innovation, Entrepreneurship and Investment.
Innovation represents the best way for the United States to compete for new economic activity and job creation, both by using technology to dramatically boost productivity, process improvements and quality, and by developing the next generation of innovative manufactured products. For American manufacturing, the future increasingly lies in rapidly changing fields such as energy, medical devices, gene therapy, transportation and aerospace, and is based on advances in nanotechnologies, biotechnologies and information technologies. Moreover, there are many research areas with the potential to create a new era of manufacturing, including: research on robotics; advanced materials and materials processing; and nano-engineering, that allows firms to better manipulate matter at the smallest scales in order to produce everything from new industrial materials to cutting-edge medicine.
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