Innovation Hubs Are Accelerating American Manufacturing

From Timbuktu Chronicles Tue Jul 22 2014, 11:21:00

They could do the same for Africa. Bill Dietrick reports in Forbes:

Image courtesy of Africa Business Review

"If we want to attract more good manufacturing jobs to America, we've got to make sure we're on the cutting edge of new manufacturing techniques and technologies," said President Obama in a February press conference. "Typically, a lot of research and development wants to be co-located with where manufacturing is taking place--because if you design something, you want to see how is it working and how is it getting made, and then tinker with it and fix it.... So if all the manufacturing is somewhere else, the lead we've got in terms of design and research and development, we'll lose that too. That will start locating overseas. And we will have lost what is the single most important thing about American economy, and that is innovation."More here

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