The U.S. economy retains myriad sources of innovative capacity—but not enough of the innovations occurring in America today reach the marketplace, according to a major two-year MIT study.

The report, by MIT’s commission on Production in the Innovation Economy (PIE), found that potentially valuable innovations occur throughout the advanced manufacturing sector—from academic labs to shop floors—and in companies of all sizes, from multinational conglomerates to specialized “main street” firms.

However, there are still holes in the “ecosystem” of advanced manufacturing in the United States—gaps that particularly inhibit innovative smaller firms. The PIE commission suggests that new policies, partnerships, and programs can help create innovation-based growth and jobs.

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