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The questions addressed in this volume are motivated by the recognition that engineers play an important role in generating innovation and economic growth. In this chapter, we seek to offer some description of engineering work by looking in detail at a specific manufacturing industry—firms...
Persistent link: https://www.econbiz.de/10012984138
Using an original data source, this paper investigates the circumstances under which firms adopt computer numerical control (CNC), an important type of flexible automation which can significantly increase productivity, product variety and quality. The paper shows that arms'-length...
Persistent link: https://www.econbiz.de/10013224940
Manufacturing remains a critical sector for the economic health of the nation as a whole and for the states. The sector accounts for the bulk of U.S. exports, is key to innovation, and provides many high-wage jobs for less educated workers. So reversing or at least stemming manufacturing job...
Persistent link: https://www.econbiz.de/10013235840
Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability. The manufacturing industries and firms that make...
Persistent link: https://www.econbiz.de/10013235845
Analysis of data on employment, earnings, and the number of business establishments engaged in U.S. manufacturing finds that:In Metropolitan areas, especially large metropolitan areas and central metropolitan counties, contain the great majority of manufacturing jobs and nearly all very...
Persistent link: https://www.econbiz.de/10013235846
Improving manufacturing’s performance is a crucial part of the solution to America’s trade, innovation, and income distribution problems and is especially important to the well-being of metropolitan areas throughout the Great Lakes region. Manufacturing’s decline has contributed to the...
Persistent link: https://www.econbiz.de/10013238280
Persistent link: https://www.econbiz.de/10013257690
We develop a framework linking organizational and industry architectures to value creation and value capture, and apply it to the case of Industry 4.0 (the coordinated use of digitally-enabled technologies like robots, sensors, and artificial intelligence) in the automotive industry. We argue...
Persistent link: https://www.econbiz.de/10012849438
Alfred Chandler attributed the rise of the vertically integrated corporation in the twentieth century to improvements in transportation and communication. In contrast, many have argued that further advances in transportation and communication have made vertical integration obsolete in recent...
Persistent link: https://www.econbiz.de/10013144567
General Motors was once regarded as one of the best managed and most successful firms in the world, but between 1980 and 2009 its share of the US market fell from 62.6 to 19.8 percent, and in 2009 the firm went bankrupt. In this paper we argue that the conventional explanation for this decline...
Persistent link: https://www.econbiz.de/10013060603