The committee will synthesize a set of best practices for the US-based innovation-design-manufacturing value chain. The committee will review evidence and subsequently prepare a foundational report that identifies the factors at play in “making value” with a sustainable business model. The report will consider the global value chain and the implications for the United States, addressing questions such as the following:
- What measures should be used to assess the condition of the value chain (including innovation, product design, and production of goods and bundled software and services) from the perspective of both companies' competitiveness and national well-being?
- What are the trends of US-based design and development activities? Do trends in employment, productivity, and wealth generation associated with these activities parallel the trends in production, or are there particular strengths or concerns that differ from production activities?
- What business practices could improve the condition of the US-based value chain?
- What are some areas of the value chain that are likely to perform well in the United States in the future?