Spotlight | The American Innovation Economy
MIT report identifies keys to new American innovation
The MIT Commission on Production in the Innovation Economy
Report of the Task Force on Innovation and Production | 22 Feburary 2013
What kinds of industrial production can bring innovation to the American economy? An intensive, long-term study by a group of MIT scholars suggests that a renewed commitment to research and development in manufacturing, sometimes through creative new forms of collaboration, can spur innovation and growth in the United States as a whole.
The findings are outlined in the preview of a report issued by a special MIT commission on innovation, called Production in the Innovation Economy (PIE). Among the approaches the report recommends are new forms of collaboration and risk-sharing — often through public-private partnerships or industry-university agreements — that can enable a wide variety of firms and industries to grow.
“There is no reason manufacturing has to disappear in an advanced industrial society,” says Suzanne Berger, the Raphael Dorman-Helen Starbuck Professor of Political Science at MIT and a co-chair of the PIE commission (Production in the Innovation Economy). “There is much greater innovative capacity all across the United States than we realized.”
MIT SHASS members
of the PIE Commission
Co-Chair
Suzanne Berger
Raphael Dorman-Helen Starbuck Professor of Political Science
Daron Acemoglu
Elizabeth and James Killian Professor of Economics
Richard M. Locke
Class of 1922 Professor of Political Science and Management,
Head, Political Science Department
Michael J. Piore
David W. Skinner Professor of Political Economy, Emeritus
Departments of Economics/Political Science
Edward Steinfeld
Professor of Political Science,
Co-Director, China Energy Group