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Book cover number 1 for Production In The Innovation Economy written by Richard  Locke, Rachel Wellhausen published by The MIT Press

Production In The Innovation Economy

Richard Locke

Rachel Wellhausen

Rs.19

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Binding: Paper Back

Publisher: The MIT Press

Language: English

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Description

Production in the Innovation Economy emerges from several years of interdisciplinary research at MIT on the links between manufacturing and innovation in the United States and the world economy. Authors from political science, economics, business, employment and operations research, aeronautics and astronautics, and nuclear engineering come together to explore the extent to which manufacturing is key to an innovative and vibrant economy. Chapters include survey research on gaps in worker skill development and training; discussions of coproduction with Chinese firms and participation in complex manufacturing projects in China; analyses of constraints facing American start-up firms involved in manufacturing; proposals for a future of distributed manufacturing and a focus on product variety as a marker of innovation; and forecasts of powerful advanced manufacturing technologies on the horizon. The chapters show that although the global distribution of manufacturing is not an automatic loss for the United States, gains from the colocation of manufacturing and innovation have not disappeared. The book emphasizes public policy that encourages colocation through, for example, training programs, supplements to private capital, and interfirm cooperation in industry consortia. Such approaches can help the United States not only to maintain manufacturing capacity but also, crucially, to maximize its innovative potential.

Additional Info
Author Richard Locke, Rachel Wellhausen
Publisher The MIT Press
Language English
Binding Type Paper Back
Main Category Commerce & Business
ISBN13 9780262528252
SKU BK 0191533

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