Measuring Success in Place-Based Innovation

Hayes Meredith

Jaret C. Riddick

May 10, 2024

The Biden Administration’s “Investing in America'' agenda designates $80 billion to focus on “place-based industrial policy,” representing a historic level of government investment. Policymakers across government need to understand how these investments help the United States to stay ahead of its primary strategic competitors, China and Russia. This post previews a CSET study that will explore how the creation and design of place-based innovation centers can enhance both U.S. economic and national security.

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