The Positive Sum Strategy Harnessing Technology for Economic Growth (1986) / Chapter Skim
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Innovation, Job Creation, and Competitiveness
Innovation, Job Creation, and Competitiveness
Pages 517-526
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From page 517... ...
The winners are those whose nationalpolicies emphasize savings, investment, technology, competitiveness, and work, to support growth. The losers are those who emphasize current consumptiorz over investment or turn to government intervention arid control as substitutes for market forces.
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From page 518... ...
Automotive plants use advanced sensors, microprocessors, computer controls, and robotics to produce vehicles that are designed by advanced computer simulation and that literally teem with electronic controls and sophisticated metallurgy. After the automobiles are sold, one of the world's most sophisticated distribution networks supplies and services the aftermarket using on-line computers and worldwide communication networks.
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From page 519... ...
In 1980 David L Birch of MA published a study Mat concluded that about 70 percent of new jobs in the United States are created by businesses employing fewer then 100 people.
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From page 520... ...
For example, although comprehensive statistics organized by company size are difficult to find, reasonable estimates suggest that our 500 largest companies (out of a total of millions of companies) account for almost 30 percent of our gross national product, perform about 90 percent of privately financed research and development, perform over 90 percent of the government-sponsored research and development that is not done in government laboratories, employ about 80 percent of We scientists and engineers who work in industry, and spend about $20 billion annually in private skill-training programs.
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From page 521... ...
In broad terms, we see huge trade deficits, grossly unbalanced federal budgets, and rapidly rising domestic and international debt, and perhaps not surprisingly, an anxious financial community and a nervous stock market. Our alarming twin deficits—fiscal and trade suggest that we can no longer pay the combined costs of our social welfare commitments, military defense, foreign aid, and environmental protection, let alone maintain the vast private and public infrastructure on which our economy depends Either we have overcommitted our resources or our economy is failing to perform as it should.
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From page 522... ...
We can learn much by looking around the world at other economies. The difference between economic winners and losers in world markets lies essentially in making a clear national commitment to growth and competitiveness—a commitment the United States has yet to make.
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From page 523... ...
Genenc policies applicable to all industries, covering such national competitiveness issues as stimulating research and development, upgrading general and scientific and technological education, upgrading work skills in the population, reducing hard-core unemployment, encouraging labor mobility, and prudently managing the public infrastructure;2 and 3. Communication policies between managers and employees that gradually shift emphasis from the traditional adversary relationships to cooperation and commitment to the task of improving productivity, quality, and competitiveness, with all parties committing to longer-range outlooks and a new concept of mutual interest.
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From page 524... ...
We need an aggressive trade policy that demands and enforces fair and equal competition in world markets, including access to the markets of other countries equal to the access they are granted by us, and a related policy that encourages those industries that by their nature must compete in world markets. Currently, our fiscal policies often do the opposite; they favor those industries that are largely inherently domestic and not significantly exposed to foreign competition.
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From page 525... ...
~j in Me Todd; a sang competitor ~ home and in global markets; a sang co-~sion~ helper ~ Pose who cam provide for themselves; a count once man, of dsing hopes ad rising living sodas for ~1 our people. Mat is IBM being compedUve mews!
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