Areas of Focus
Most countries including the U.S. view increasing international trade, particularly export trade, as essential for economic growth. According to a McKinsey & Company study, an estimated 80 percent of produced goods will cross international borders by 2020. While there has been extensive research focused on the impacts of regulations on trade, there has been very little research focused on innovation and technology specific to improving existing trade or creating new trade.
This increasing need for a comprehensive examination of trade-chains, together with our success in partnering with the National University of Singapore and various agencies of the government of Singapore, has led to the development of a global network of Trade-chain Innovation & Production (TIP) Centers. This network of centers enables a comprehensive program focused on (1) developing insights, strategies, and methodologies to improve the productivity of existing trade-chains, (2) promoting innovation for identifying and enabling new trade-chain opportunities, and (3) providing education related to trade-chain infrastructure, innovation, and productivity.