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America's economic future and global competitiveness hinge on our ability to innovate. Historically, our country has been a wellspring of inventions, many of which were subsequently mass-produced abroad. 🌏 This trend still continues, but now with a concerning twist: We're not just outsourcing technologies, but also losing entire industries. This situation raises a critical question. 👉 How much can we afford to lose in terms of technology and industry before our innovative edge is permanently diminished? ❗️ Apart from policy reforms that incentivize local production and research, the solution lies in reinvigorating our domestic manufacturing sector and fostering an environment conducive to retaining innovation within our borders. Investing in education and training to build a skilled workforce capable of handling the demands of advanced manufacturing and technology development is just one strategy. The list goes on! We welcome your thoughts and ideas on this critical issue – How do you think we can maintain and strengthen the American innovative edge? World Economic Forum | US Center for Advanced Manufacturing | Alison Trumble | Stephanie Wright | Shree Parikh | Claire Grant #USManufacturing #Reshoring #AdvancedManufacturing #LocalProduction #AmericanManufacturing

Manufacturing's moonshots are landing, and the world is taking notice. Are you ready for the next wave? The World Economic Forum Annual Meeting is exploring the latest advancements in manufacturing, and you won't want to miss it. Check out the details on their website. #manufacturing #innovation #WEF2021

"Now, for the first time ever, we are able to break Rock’s Law [and make semiconductor fabrication more accessible] by working with new materials that don’t require the same equipment investments… The next approach should involve making fabs more and more atomically precise, and reducing defects through an internal [AI-backed] feedback loop, so before a defect were to occur, that causes scrap, that causes problems, you already correct for it in the process, which makes the end product less expensive. If you take those [fabs] and you distribute them around the world, then the money being invested by governments can go a lot further. Many more companies can benefit from it, and many more populations can benefit from it.” -Nanotronics CEO, Matthew Putman, on a groundbreaking new vision for next-gen semiconductor fabrication. See more of this panel discussion, “Bolstering the Semiconductor Value Chain in Emerging Economies“, that took place at this year’s World Economic Forum below. Thank you to the Forum, and to panelists Gevorg Mantashyan (First Vice Minister, Ministry of High Tech Industry of the Republic of Armenia), and MB Patil (Minister for Commerce & Industries, Karnataka) for the inspiring conversation.  #davos2024 #wef2024 https://lnkd.in/epbygP5J

https://lnkd.in/gDXetr8j 🌍 Navigating USMCA and International Trade Trends 🚗 Explore the latest insights on rules of origin and compliance under USMCA in our newest blog post from our CEO, Emilio Cadena. As part of "The Nearshoring Series," this blog post delves into strategic sectors like automotive, emphasizing the importance of regional standards for fair competition. Discover how USMCA sets the stage for North America as a hub for EVs, semiconductors, and strategic climate initiatives. Our CEO also takes the opportunity to address growing concerns around Chinese investments in technology and communications, and the impact of recent US and Mexico tariffs. 👉 Explore more in our latest blog and join us in understanding these pivotal shifts in international trade. 

The Future of American Products: Learning from Chinese Innovation In this video, we delve into the interchangeability of products and the potential for American growth. Join us as we discuss whether this is a systemic issue or a learning curve towards Chinese standards. Can we catch up? Find out here. #AmericanInnovation #ChineseStandards #ProductInterchangeability #SystemicImprovement #LearningCurve #AmericanGrowth #GlobalCompetitiveness #IndustrialCapabilities #USvsChina #ManufacturingIndustry

Strong growth in light technologies despite global economic uncertainty Despite recent geopolitical factors significantly affecting international trade, the photonics economy expanded with a CAGR (Compound Annual Growth Rate) of 6.8%... Tematys / Photonics21 https://lnkd.in/ewAASyY7

For this edition of Pantheon Insights' Weekly Insight, I decided to go a little more abstract with the art. It's a little unprecedented, not unlike China's industrial policy. What is the driving force behind Beijing's plans, and why should US - and Chinese - policymakers be worried about it? Find out below ⬇

"Between the late 1970’s and 2006, China made enormous expenditures in developing its infrastructure in a broad sense (horizontal) without preference to a particular sector. However, there has been little to no precedent for “targeted industrial policy interventions” (vertical) and its effects on delivering targeted growth." Learn why the distinction between horizontal and vertical investments in China carries significant macroeconomic implications 👇

Brilliant Blog: “The US and China used to be economic complements—or so the story goes. China did low-wage manufacturing while the US focused on higher-value services. American companies would come up with products, make them in Chinese factories, and then sell them around the world. “Designed in California, assembled in China.” The original “win-win” relationship. Now the US and China increasingly see each other as direct economic competitors…”