Rebecca Bagley, President & CEO, Nortech, speak about the COMPETES report:
There are three significant opportunities we must focus on to ensure a sustainable and secure future for our country.
First, the staying power of American competitiveness will depend on the viability and sustainability of regions as "economic drivers". Developing strong regional economies will make our national economy stronger.
Second, we need to focus on growing specific sectors of our economy, and look at the intersections of research and commercialization, especially in areas where we can manufacture products in the United States.
Third, we should encourage the federal government to look at some of the existing federal funding silos and consider a comprehensive plan to streamline federal programs. Doing so would help regions access federal funding more efficiently and effectively, while also allowing them to be more competitive.
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