Thursday, July 7, 2022

White House Discusses Economic Approaches (July 7th, 2022) Opportunities for Improved Innovative Manufacturing?

Discussion on beefing up manufacturing and competition. We do need to compete and if possible if the right growth in the right area we can see faster change as synergy is created. Synergy occurs when it is in the self interest of organizations to develop and build off of each other creating more value then they put in and more than they can generate themselves. Innovation can be sparked in multiple industries when resources, investment (R&D and business invest), human capital and infrastructure interact creating broad based development that leads to new discoveries and butterfly effects across multiple industries (i.e. meaning development in multiple industries that impact each other and bump each other upwards.)

White House Says Economy Is Strongest in History by Lauren Giella and Meghan Roos.

No comments:

Post a Comment