manufacturing

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.

R&D Investment and Financial Contracting in Spanish Manufacturing Firms

The paper presents a model in which a firm with a degree of research and development (R&D) specialization raises external funds to develop a two-period project that involves some non-verifiable returns. Taking into account a possible opportunistic behavior by the manager, the report indicates that the optimal firms debt equity ratio is negatively related to the firms degree of R&D specialization, its internal funds, and the output generated by the R&D project.

SCMEP Strategic Plan 1998-2000

The strategic plan summarizes the results of an analysis by South Carolina Manufacturing Extension Partnership (SCMEP) of its stakeholders. The idea was to gather input from these stakeholders in generating formal strategies to accomplish the mission and vision of the SCMEP. The vision of the SCMEP is to be the primary resource for the South Carolina community of small manufacturers, providing them with highly-valued technological, workplace, and business solutions that improve their industrial competitiveness.

Comparing Manufacturing Export Growth Across States: What Accounts for the Differences?

The report from the Federal Reserve Bank of St. Louis indicates today’s manufacturing sector is quite different. In fact, manufacturing exports, including food production and processing, have enjoyed positive annual growth rates in all but one state since 1986. The article presents the findings of the shift-share analysis, the net relative change of each state’s manufacturing exports between 1988 and 1998, and several additional tables for all 50 states and the District of Columbia.

Foreign Operations of Swedish Manufacturing Firms: Evidence from a Survey of Swedish Multinationals 1998

This paper presents the results of a survey of Swedish multinationals conducted in 1999. The survey was carried out in order to update an existing database on Swedish manufacturing firms with producing foreign affiliates collected by the Research Institute of Industrial Economics.

Smart Prosperity: An Agenda for Enhancing Productivity Growth

The National Coalition for Advanced Manufacturing (NACFAM) white paper reports that increased cooperation among the private sector, federal and state governments, education, and the nonprofit community will be critical for sustaining the current economic boom. The plan is the culmination of the 20-month Advanced Manufacturing Leadership Forum, organized by NACFAM to provide strategic guidance and direction for policy development efforts.