R&D and Long-Term Competitiveness: Manufacturings Central Role in a Knowledge-based Economy

National Institute of Standards and Technology Senior Economist George Tasseys report indicates future U.S. competitiveness hinges on diversification and broadening of the technology-based manufacturing sector. The report lays out the critical role manufacturing and manufacturing R&D plays in the U.S. economy, presents the dire forecast for low-research and development (R&D) intensive manufacturers, and presents a framework for analyzing federal R&D investment strategies consistent with a national innovation system.