Manufacturing facts: U.S. dominance in product innovation begins to slip

12/10/2012

From the latest edition of The Facts About Modern Manufacturing: The manufacturing sector has long been a catalyst for U.S. strength in disruptive, breakthrough innovations. But as developing countries with export-oriented growth strategies have begun to embrace innovation as a means to competitiveness in high-technology product markets, U.S. dominance has been challenged. During 2011, U.S. inventors were awarded 48% of all U.S. utility patent grants, well below the 60% seen in 1980. See future C-Suite Briefs for more highlighted facts from the report. Manufacturing Facts

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