We are excited to share our fiscal 2019 annual report. The Economic Growth Institute is expanding its research, company engagement, and education initiatives, which are shared in this year's report. The Institute has provided innovative economic development programming and applied research for over 35 years. - Economic Growth Institute
Careers in engineering encompass a variety of occupations that spur the creation of new ideas, advance technology, and are essential to a globally competitive economy and national defense. Increasing the number of Americans studying and pursuing careers in engineering is essential to the preceding points. Shortages in meeting employment demands exist in the number of U.S.
The U.S. must continue to develop and support an innovation economy that, “collaborates with allies and partners, improves STEM education, draws on an advanced technical workforce, and invests in early-stage research and development,” according to the latest U.S. National Security Strategy (NSS).4 Further, the NSS asserts that the nation must continue to be the destination of choice for the “innovative and the inventive, the brilliant and the bold.”
The American Society for Nondestructive Testing (ASNT) defines NDE as “the process of inspecting, testing, or evaluating materials, components or assemblies for discontinuities, or differences in characteristics without destroying the serviceability of the part or system.” Rapid reliability assessment, enabled by NDE, is poised to enable technologies that will have tremendous impact on U.S. safety, energy, health, and national prosperity
This MForesight report identifies fundamental weaknesses in U.S. manufacturing and the risks these weaknesses pose for long-term wealth and security. It emphasizes the need for concerted national action to rebuild and restore manufacturing skills, capabilities, and productive capacity. The problems have developed over decades but have become worse with time, now reaching the point where we have lost the ability to scale emerging technologies because of a weak industrial commons, lost supply chains, and lost production knowledge.
The 2019 expert panel agreed on two long-term trends: rethinking how institutions work, and modularized and disaggregated degrees. These long-term trends indicate an expected evolution in the way higher education approaches its mission, as well as a trend toward increased student control over individual learning pathways.
Overall, the study finds that many fields that support a significant number of U.S. jobs see little CTE course-taking in high school, suggesting the potential for greater alignment in these areas.
Students are also more likely to take courses in fields that support more local jobs, but less likely to do so when those jobs are high-paying, suggesting that today’s CTE is connecting kids with jobs that are plentiful but low-paying by industry standards.
This digest highlights key statistics drawn from a variety of data sources. Data and figures in this digest are organized into the following topical areas: enrollment, field of degree, employment status, and occupation, including academic careers. Surveys conducted by the National Center for Science and Engineering Statistics (NCSES) within the National Science Foundation provided a large portion of the data used in this report. NCSES has a central role in the collection, interpretation, analysis, and dissemination of objective data on the science and engineering enterprise.
The Panel recognizes that the Department of Defense (DoD) and industry have different business models, which at times may be in conflict. In exploring common ground, the Panel members received the testimony of many defense and industry officials, reviewed the history of relevant legislation and identified “tension points” of disagreement between the Government and industry. Following extensive deliberations, Panel members (listed in Appendix B) prepared white papers to address the tension points and to make recommendations for legislative, regulatory, and policy changes that recognize and
Sen. Marco Rubio (R- FL) released a new report on the need for American innovation to bolster the U.S. economy. The report, called “Made in China 2025 and the Future of American Industry,” cites the importance of combatting Chinese efforts to dominate global innovation and manufacturing. It also discussed the importance of government programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) toward fostering U.S. innovation.