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Research and development, if treated as a capital investment rather than as an intermediate expense, boosts GDP by 3 percent and the national savings rate by more than 2 percent. The U.S. accounts for 32 percent of the worldwide R&D number, and the payoff to packaging and printing will be exponential during the next two years among the Hot Markets detailed here.
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Vincent Mallardi
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Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org
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