Competitiveness Quote by Geoffrey A. Moore
““There are, however, even more serious ramifications. High-tech innovation and marketing expertise are two cornerstones of the U.S. strategy for global competitiveness. We will never have the lowest cost of labor or raw materials, so we must continue to exploit advantages further up the value chain. If we cannot at least learn to predictably and successfully bring high-tech products to market, our countermeasures against the onslaught of commoditizing globalization will falter, placing our entire standard of living in jeopardy.””
About This Quote
Source Speech: Economic Strategy Forum, United States, 2023
The U.S. must rely on high‑tech innovation and marketing to stay competitive because low‑cost labor and materials are no longer advantages; failing to bring high‑tech products to market threatens living standards.
In simple terms: U.S. needs high‑tech and marketing to stay ahead of cheap labor.
Key Takeaway
Invest in innovation and marketing.
Themes
competitiveness
innovation
globalization
economics
Mood
concerned
strategic
Type
policy
economic.
When to use this quote
- policy making
- corporate R&D
- product launch planning
- education of tech leadership
Key Concepts
value chain
prediction
market entry
strategic advantage
Questions to Reflect On
- How can we better predict market success?
- What policies support high‑tech commercialization?
A Different Perspective
If other nations out‑innovate, the U.S. could lose its economic edge.
