From the assembly line to the computer processor and Internet, technology innovations that change the world were developed in the United States. Built on a system that encouraged entrepreneurial leadership by rewarding risk, the U.S. economy led the world while its closest competitors insulated themselves from the global economy. Still, the competitiveness of the U.S. is not simply the result of a culture, but a commitment of the public and private sector to invest in new ideas and scientific innovations. Yet, there is a growing concern that America is losing its place as the world’s technology leader. A recent report by the Information Technology and Innovation Foundation found that the United States ranked sixth among 40 countries and regions, based on 16 indicators of innovation and competitiveness, including venture capital investment, scientific researchers, spending on research and educational achievement. While the United State’s policy has maintained a stable path, the world has changed. For decades most of the world’s economies were a closed system, but, due in part to advances the United State’s advancements in technology, the world has become, in the words of Thomas Friedman, “flatter.” But the question remains, does the emergence of new economies really threaten the competitiveness of the United States? While there are a number of competitiveness factors that, when taken in isolation, would not necessarily constitute a crisis, their interrelationship makes a more compelling argument that the trend is unsustainable.
In order to understand what will make the U.S. more competitive moving forward, it is important to recognize the policy initiatives that led to the current success. Modern focus on technology advancemen...
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...r basic research to encourage active University programs. Financial incentives for corporations should be available to create an atmosphere that encourages all levels of research in the private sector. Additionally, like President Kennedy’s charge to send a man to the moon, leadership at the very highest level could provide a national innovation award to spur innovation to advance national interests, such as environmental protection. Finally, the U.S. should reform its immigration laws, increasing the cap for highly skilled works to encourage foreign students to stay after they graduate. The U.S. should welcome their contribution to U.S. economic growth.
Policy makers only need to look at earlier initiatives to create a path forward. The future depends on the investments the U.S. makes today to keep the nation competitive and ensure long-term economic prosperity.
Tyson states that “scientific and technological innovation is the engine of economic growth – a pattern that has been especially true since the industrial revolution” (Paragraph 5.) Humans live in a fast paste society that constantly requires innovation or else countries fall behind and start to suffer economically. Today the U.S faces many economic problems such as, jobs going overseas, having to outsource, importing more than its exporting, etc. however, this wasn’t always the
Miller, Derek D Essay: Brave New World and the threat of technological growth Vol 3 2011.Print
“Our Future Selves” by Eric Schmidt and Jared Cohen construct views on countries’ technologies that changes the world on a daily basis. Conversely, technologies reconstruct countries in various simpler ways to live throughout economic trends. Furthermore, the quality of life is massively changing with new technologies. Consequently, wealthy countries are viewed differently from poor countries towards technological advantages. Ordinarily, technologies have made the difficult obstacles so much easier than just by hand. Industries have utilized the advanced technologies to provide huge manufacturing productivity. Moreover, Eric Schmidt and Jared Cohen have some very compelling reservations within their article, “Our Future Selves”, on the trends
According to the article “Restoring American Competitiveness” by Gary P. Pisano and Willy C. Shih, the United States industries have worn down competition through the damages from outsourcing manufacturing. There are several issues that have caused serious problems to the U.S. economy, which have caused the decline of trade due to shortage of innovation and competition. Theses problems are lack of funding for research and development by government and businesses and poor financial decisions made by management for outsourcing. There are several recommendations that the government and business executives can do to rebuild U.S. industries.
Government. (n.d.). A new generation of American innovation. The White House. Retrieved May 1, 2014, from http://georgewbush-whitehouse.archives.gov/infocus/technology/economic_policy200404/chap3.html
In Fareed Zakaria’s YouTube Video on “American Innovation Beyond STEM”, he states that rarely do Republicans and Democrats agree on anything, however, they are now united in their beliefs that colleges need to move from a liberal arts education into one that embraces STEM (Science, Technology, Engineering, and Math). He continues to argue that it is wrong to ignore a liberal arts education as it is what encourages our “creativity” and enriches our “humanity”. By eliminating a liberal arts education, we would be putting America on a vulnerable educational path. To support this claim he quotes “John Cardinal Newman, who in 1854 stated that, ‘a broad exposure to the outline of knowledge for its own sake’ rather than to acquire skills to practice
Within the last ten years, our world has arguably changed more than in any other decade in history. One of the main drivers of that change is technology; it is rapidly changing with it the structure of our society. Technology affects every individual, whether directly or indirectly. Many people fail to take the time to notice and analyze the recent trends in society, doing so is important not only to ponder upon the past, but also to anticipate the future and prepare for the lifestyles that we will soon have to deal with. However, looking at the current and past trends in society, the future looks quite bleak. Even though technology provides vast advances in many fields, society has reached a point of no return, where moral values have eroded and the desire for human contact is all but lost. Mazarr (1999) believes that in today's society, there is "a stark amorality as individuals and groups seek selfish rewards unbalanced by a consideration for the health of the society as a whole or of its less fortunate members". Technology’s outperformance of ethics and morals is not only extremely dangerous, but also very realistic scenario as society stands to lose any type of accountability that it previously had.
As an amateur reporter for the school newspaper, I have had the opportunity to interview quite a variety of people on many different topics. One of my favorite questions to ask is, "What do you think has had the most influence on American culture?" Why do I like asking this particular question? The answer is simple: the variety and range of responses. While some answers are more interesting than others, I must say that I've learned quite a bit from all of them.
Improvements in agriculture, transportation, and communication between 1790 and 1860 were the stepping stones for a greater America. From the cotton gin, to the steamboat, to the telegraph, new innovations were appearing all over. America had finally begun to spread its wings and fly.
America has provided many things to our generation, technology, schooling, good morals. but I personally think that the best thing to ever came to my generation has to be the people that we look up to.
The United States gives everyone an opportunity to get a college degree. On top of the college opportunities give a great chance for jobs after the college education. Many foreigners come to the United States to get an education but they also tend to stay here, due to the job opportunities. In 2009 President Barak Obama put in a community college initiative to increase the college graduate level in the United States. In an article titled “Obama Plans Community-College Initiative”, Obama told reporters that twelve billion dollars was going towards community colleges. The goal of the initiative to have more college graduates than in recent years and to also put the United States number one in college graduates.
“Today we’re seeing industries competing with industries, different arenas where competition manifests itself. Strategy, entrepreneurship, and innovation are all bleeding into each other” (cited in Crainer and Dearlove, 2014, chapter 1, last para.).
However, despite the long-term economic growth, technological progress is very important, and even if we...
A highly educated workforce has become essential component of economic growth and competitiveness in America. Education is the only way to be able to improve technology and make the world a better place. “By the end of this decade, two out of three job employers will require a college education,” president Barack Obama said. Doesn’t that mean more people need to get in college. Some people can’t afford college tuitions. Help the ones that make the good grades get into college. When you pay for them to go to college it 's all on them by what they do with their time in college. Conduct interviews to see who 's really a great fit for going to college. Most of the people that can’t go to college could be a big conductor of valuable things the world may need. These are the reasons the government should pay for higher education.
Scientific and technological progress is one of the most important and far reaching of humanity’s effort streams throughout history. One of the hallmarks of any great society is what new or improved knowledge of the world and how it works that the society can contribute. A strong and vibrant culture celebrates the spirit of invention and innovation. Closely allied with this concept is the spirit of entrepreneurship, considered one of the greatest qualities of the American culture.