Strengths:
The U.S. has strong infrastructure, flexible labor, advanced
business, and a progressive use of new information. The report cites the willingness
of businesses to work with universities to create innovation and development.
This innovation turns into new products, services, and operations that strengthens
the entire system.
Weaknesses:
The business community is skeptical of government, believe
that government officials play favorites, and waste their tax resources. The
macro environment continues to be weak and deficits have only started to move
in the right direction.
Innovation can occur on many different fonts ranging from
the individual all the way up to government operations. It is a process of
sharing knowledge and collaborating with mental and physical resources to build
stronger frameworks of understanding for the development of marketable products
and services. When businesses and entrepreneurs have strong virtual and
physical networking opportunities matched with the right business environment they
can create higher levels of innovative activities.
Government still lags behind the needs of the business
community and arguably its population. There are many tools and new developments that could make government
stronger. The Internet affords opportunities to develop more responsive and
cost effective services for people. Transparency, stronger data management, and
responsive politicians to the needs of both the business community and the
average citizen are desired to develop a pro-growth environment.
