California’s Economic Future
Report on external and internal challenges to California's economy and the opportunities the state holds in manufacturing, technology and other areas. Prepared for the Joint Committee on Science and Technology by SRI International:
"The vision of our state shared by all Californians' includes growing wealth, expanding employment, and increasing opportunity. To achieve this vision, California must learn to compete in the new global economy by "working smarter." In this vision, expanding wealth and jobs result from constantly moving to higher value-added products and services which bring greater returns to the businesses of the state and generate increasing demand for tightly linked supporting serivces.
By "higher value added," we mean those products and services characterized by increased sophistication and a more effective ration or price to cost, higher quality, better service, and more effectiveness in use..."