Commentary on Gregory Tassey’s “Rationales and mechanisms for revitalizing US manufacturing R&D strategies”
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Gregory Tassey has written a brilliant, although not flawless, analysis of the technological challenges to American manufacturing and of actions that should be taken by both business and government to ensure that American manufacturing’s future is bright. Tassey has long been an astute observer and analyst of American science, technology, and innovation policies. His paper is both a synthesis of many of his earlier contributions and a significant extension into new realms of understanding.
Tassey’s fundamental thesis is that the decline in American manufacturing’s contributions to GDP and private employment, as well as its decline in shares of world trade, can be attributed in substantial measure to two factors. The first is that there is a national consensus around models of how technology is developed and used that fails to account for both vertical disintegration along supply chains and the speed of change. Second, because of American aversion to the involvement of government in the...
KeywordsSupply Chain American Manufacturer American Manufacturing Major Industrial Country Social Welfare State
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