manufacturing

China’s Low-Cost Road to Innovation

China’s Low-Cost Road to Innovation

We’ve previously mentioned the concept of jugaad innovation and how it may eventually pose a competitive threat to high-value-added activities in the US and other developed countries.  This week, the Wall Street Journal notes that, using a jugaad approach, Chinese chip producers are gearing up to undercut Western tablet makers.  And Apple, Google, et al. […]

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The Next Frontier for 3-D Printing:  Human Organs?

The Next Frontier for 3-D Printing: Human Organs?

For several years now, we’ve been following the potential for 3-D printing to change the economy.  The implications for boutique manufacturing and on-demand design and production are pretty impressive.  But here’s something we hadn’t anticipated:  using the technology to create replacement parts for humans.  CNN has the story:  

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Is the “Skills Gap” a Myth?

Is the “Skills Gap” a Myth?

In the discussions about the sluggish economic recovery, one explanation offered quite often is that there is a mismatch between the skills required in the new economy and those available from current workers. According to this line of thinking, this so-called skills gap is dampening the US economic recovery.  In yesterday’s New York Times, Paul […]

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Is 3-D Printing REALLY Such a Big Deal?

Is 3-D Printing REALLY Such a Big Deal?

3-D printing has gotten a lot of hype in the media and is something we’ve followed pretty closely.  But, is it turning out to be mostly sizzle with very little bacon?  The folks at McKinsey & Company would beg to differ.  In a recent post, Daniel Cohen, Matthew Sargeant, and Ken Somers argue that we’re […]

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States Taking the Lead on Fostering High-Value-Added Advanced Industries

States Taking the Lead on Fostering High-Value-Added Advanced Industries

That’s the conclusion of a study recently undertaken cooperatively by the Brookings Institution and McKinsey.  Here are two examples from their work: [The]state of Colorado—as part of the Colorado Blueprint economic planning process—commenced a systematic search for a strategy to advance its formidable aerospace industry in the summer of 2012. Likewise, in 2013, the state […]

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Next-Shoring and the Restructuring of US Manufacturing

Next-Shoring and the Restructuring of US Manufacturing

We’ve already been given a warning that the idea of an American manufacturing renaissance is a myth.  In the video below, Katy George of McKinsey talks about how manufacturing may be dramatically restructured through “next shoring” and other developments.  

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