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Chad Holliday, former chairman and CEO of DuPont, pointed out very real competitive threats facing our nation and suggested how we could counter those threats. Steve Koonin, under secretary of science at the Department of Energy, described necessary steps to provide the United States with secure and sustainable sources.

Vest introducing the forum participants. Photo by Tom Sullivan. Raymond Lane, managing partner of Kleiner Perkins Caufield and Byers, laid out actions the government can take to promote innovation in the renewable energy sector. The insights of the panel members cut to the heart of what this nation needs to do to remain a global leader in the turbulent world of the 21st century. Velshi has an extensive background in topics related to the economy and valuable firsthand experience in talking with people throughout the country about their concerns and hopes.

His participation in the forum made for a lively and productive discussion. As the panelists pointed out, no single action can reenergize our innovation system. A portfolio of interconnected and interdependent initiatives must be undertaken to generate new knowledge and technology and move that new knowledge successfully into a competitive world marketplace.

But the panelists clarified the goal toward which we must strive and some of the most important steps we need to take to achieve that goal. Research Universities,. National Laboratories,. The Example of Singapore,. At the Annual Meeting of the National Academy of Engineering in Irvine, California, a public forum entitled ' Rebuilding a Real Economy: Unleashing Engineering Innovation ' brought together seven prominent leaders of the innovation system to discuss the challenges facing America. This summary captures the main points made by the forum participants with the aim of encouraging further reflection and discussion.

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How new technologies change the economy, industries and life. Nouriel Roubini / Forum HI-TECH NATION

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