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These and many other improvements in our lives have been driven by a set of scientific discoveries and products engineered based on those breakthroughs. Even as science advances, R&D productivity is on the wane By many metrics, and in many fields, each dollar spent on R&D has been buying less innovation over time. 6 Jack W.
Trade in electronics could see the biggest shifts, followed by textiles and machinery. These manufacturing value chains bridge geopolitically distant economies, so theyâre more susceptible than others to fragmentation. 4 There is no single cross-country definition of what constitutes a âcriticalâ product.
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