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424 | David Adler & Bill Bonvillian: America's Advanced Manufacturing Problem - and How to Fix It

The Realignment

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Top Level Industrial Policy Approaches and the Need for Innovation System Adjustment

This chapter examines the top level industrial policy approaches under the Biden administration, highlighting the need for a full adjustment of the US innovation system to support manufacturing. It discusses the lack of policies and financial impetus to scale up innovations, underfunding of advanced manufacturing institutes, and the importance of technology scale-up financing and better connections between innovation and manufacturing.

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