Date post: | 16-Apr-2017 |
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Economy & Finance |
Upload: | brookings-metropolitan-policy-program |
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Looking in the rearview mirror
Looking in the rearview mirror
U.S. Employment in Manufacturing Industries (in millions)
10
20
15
1980 1985 1990 200520001995 2010
Reversal
7 million jobs lost
Looking in the rearview mirror
Automation 2008 CrisisCompetition
Not the whole story
The American (and Northern European) economies are NOT on the decline but
regaining competitiveness
The new paradigm
The era of cheap is over
Manufacturing is not coming back…
The era of “smart” has begun
…it is being reinvented
The new paradigm
Sharing brainpower
Two pillars
The new paradigm
1.
Sharing brainpower
Hierarchical
Closed/IP-oriented
Siloed
Top-down
Lone ranger
Suburban, isolated research labs
Collegial
Open
Multidisciplinary
Collaborative
Urban innovation districts
In the past Today
Bottom-up
A new branch of the economy
2.
Sharing brainpower1.
Two pillars
The new paradigm
Sensor technology
Wireless IT
New materials
Big Data
A new branch of the economy
New discoveriesNew production methods
Old industrial expertise
The future is all about connecting and connectedness
A new branch of the economy Smart products
New production methods are reinvigorating old industries
A new branch of the economy New production methods
From Rustbelts to Brainbelts
A life threatening challenge
From Rustbelts to Brainbelts
Akron, Ohio — From rubber capital to polymer city
A connector: Luis Proenza World-class research on polymers stayed
From Rustbelts to Brainbelts
What makes a brainbelt?
Universities performing world-class research
Openness to sharing brainpower
A connector and supportive local officials
Infrastructure that attracts and retains top talent
A life-threatening situation
Access to venture capital
Complex, expensive challenges requiring a multi-disciplinary approach
From Rustbelts to Brainbelts
Albany, New York — Nanotechnology
From Rustbelts to Brainbelts
Research Triangle Park, North Carolina
From Rustbelts to Brainbelts
Portland, Oregon
From Rustbelts to Brainbelts
Eindhoven — From lightbulbs to the world’s smartest city
From Rustbelts to Brainbelts
From Rustbelts to Brainbelts
From Rustbelts to Brainbelts
Rustbelt cities are building on forgotten strengths, transforming
themselves into brainbelts
They are creating the smart products that the 21st century demands
Policy recommendations
Policy recommendations
Stop mismeasuring productivity
Develop work-study programs (on German model)
Reward sharing of brainpower
Support and build innovation districts
Build political support for more basic research
Give venture capitalists the leeway to invest in advanced manufacturing