Fuchs Discusses How Global Redistribution of Manufacturing is Changing Innovation
Location, location, location. That old real estate adage also applies to the manufacturing industry, says Carnegie Mellon University's Erica Fuchs. Sending U.S. products overseas to be manufactured may be cheaper, but it also may stifle innovation depending on the technology and the constraints facing firms, says Fuchs in her paper published in Science. She suggests that differences across technological and business contexts makes it critical to avoid one-size-fits-all policy on manufacturing. Continue Reading...
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