One of the fundamental premises of "What's New America" is that innovation and entrepreneurship are drivers of economic recovery and expansion. As America continues its recovery from the Great Recession, more and more economists are theorizing that the rising cost of doing business in China and election year politics are bringing manufacturing home from overseas.
Along these lines, MIT researchers are conducting a two-year Institute-wide research project called Production in the Innovation Economy (PIE) focusing on renewing American manufacturing. The central thesis of this study is the United States still produces a great deal of
promising basic research and technological innovation that needs to be translated into economic
growth and new jobs.
- Production in The Innovation Economy (MIT)
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