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Advanced Manufacturing

Author : William B. Bonvillian
Publisher : MIT Press
Page : 417 pages
File Size : 45,30 MB
Release : 2018-01-12
Category : Business & Economics
ISBN : 0262037033

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How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. The United States lost almost one-third of its manufacturing jobs between 2000 and 2010. As higher-paying manufacturing jobs are replaced by lower-paying service jobs, income inequality has been approaching third world levels. In particular, between 1990 and 2013, the median income of men without high school diplomas fell by an astonishing 20% between 1990 and 2013, and that of men with high school diplomas or some college fell by a painful 13%. Innovation has been left largely to software and IT startups, and increasingly U.S. firms operate on a system of “innovate here/produce there,” leaving the manufacturing sector behind. In this book, William Bonvillian and Peter Singer explore how to rethink innovation and revitalize America's declining manufacturing sector. They argue that advanced manufacturing, which employs such innovative technologies as 3-D printing, advanced material, photonics, and robotics in the production process, is the key. Bonvillian and Singer discuss transformative new production paradigms that could drive up efficiency and drive down costs, describe the new processes and business models that must accompany them, and explore alternative funding methods for startups that must manufacture. They examine the varied attitudes of mainstream economics toward manufacturing, the post-Great Recession policy focus on advanced manufacturing, and lessons from the new advanced manufacturing institutes. They consider the problem of “startup scaleup,” possible new models for training workers, and the role of manufacturing in addressing “secular stagnation” in innovation, growth, the middle classes, productivity rates, and related investment. As recent political turmoil shows, the stakes could not be higher.

Trouble in the Making?

Author : Mary Hallward-Driemeier
Publisher : World Bank Publications
Page : 288 pages
File Size : 14,58 MB
Release : 2017-10-12
Category : Business & Economics
ISBN : 1464811938

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Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing

At Your Service?

Author : Gaurav Nayyar
Publisher : World Bank Publications
Page : 364 pages
File Size : 30,90 MB
Release : 2021-10-18
Category : Business & Economics
ISBN : 1464817103

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Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Manufacturing in Advanced Economies

Author : John Carratore
Publisher :
Page : 120 pages
File Size : 34,97 MB
Release : 2013
Category : Business & Economics
ISBN : 9781629484006

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Over the last decade, the United States lost about one-third of its manufacturing jobs, raising concerns about U.S. manufacturing competitiveness. There may be insights to glean from government policies of similarly-situated countries, which are facing some of the same challenges of increased competition in manufacturing from developing countries. The Government Accountability Office (GAO) was asked to identify innovative foreign programs that support manufacturing that may help inform U.S. policy. Specifically, GAO examined (1) government strategies and programs other advanced economies have implemented to approach issues similar to those facing U.S. manufacturing, and (2) the key distinctions between government approaches to support manufacturing in other advanced economies and those in the United States. Based on input from experts and federal officials, and an analysis of manufacturing programs in other advanced countries, the GAO selected Canada, Germany, Japan, and South Korea for study. In each country, GAO interviewed program officials and reviewed documents describing their programs. This book examines and identifies distinctions between foreign and U.S. approaches to supporting manufacturing. The GAO researched comparable programs in the United States, and interviewed staff administering those programs.

Growth, Trade, and Deindustrialization

Author : Mr.Ramana Ramaswamy
Publisher : International Monetary Fund
Page : 29 pages
File Size : 36,20 MB
Release : 1998-04-01
Category : Business & Economics
ISBN : 1451848021

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This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These include the combined effects on manufacturing employment of a relatively faster growth of productivity in manufacturing, the associated relative price changes, and shifts in the structure of demand between manufactures and services. North-South trade explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing. It has had little enduring effect on total manufacturing output in the advanced economies.

The New Industrial World

Author : Livio Romano
Publisher : Oxford University Press
Page : 209 pages
File Size : 34,91 MB
Release : 2023-11-27
Category : Business & Economics
ISBN : 0192873873

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In The New Industrial World: Manufacturing Development in the Course of the Globalization Age, Romano and Traù analyse industrial development, focussing upon the spreading of manufacturing activities beyond the boundaries of the advanced economies. They explain how this event has completely changed the nature of the relationship between the 'North' and the 'South' of the world, linking them together for the very first time on productive grounds through the development of global value chains. Providing an overall account of the reasons for the Globalization Age to rise and, in later years, to fall, the authors offer a new interpretation of the relationship between globalization and the upsurge of industrialization outside the advanced world, highlighting the role played by industrial policy in the building of manufacturing capabilities in emerging countries. Starting with the great financial crisis that hit the world at the end of the first decade of the 2000s, Romano and Traù explain how a 'new normal' has emerged, the basic features of which can be found in a slowdown of manufacturing growth rates, and in the comeback of distance as a key determinant of economic behaviour (also in light of the upsurge, in later years, of exogenous shocks such as the pandemic and Russian-Ukrainian war).

Handbook of Manufacturing Industries in the World Economy

Author : John R. Bryson
Publisher : Edward Elgar Publishing
Page : 538 pages
File Size : 45,31 MB
Release : 2015-04-30
Category : Business & Economics
ISBN : 1781003939

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This interdisciplinary volume provides a critical and multi-disciplinary review of current manufacturing processes, practices, and policies, and broadens our understanding of production and innovation in the world economy. Chapters highlight how firms

Industrial Change in Advanced Economies

Author : F. E. Ian Hamilton
Publisher : Routledge
Page : 295 pages
File Size : 36,46 MB
Release : 2018-03-26
Category : Business & Economics
ISBN : 135124163X

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Originally published in 1987 and taking a review of the theories and processes of industrial relocation as its starting point, this book examines the nature of organisational and technologcal changes in detail and concludes with a series of industry case studies drawn from areas throughout the world. The book examines the salient features and implications of the reorganisation of industries and industrial enterprises, reflecting their development or harnessing of technological changes - not least ot increase their bargaining power with, control over, or use of labour. Various chapters discuss policy-making and the role of the State posed by the speed, scale and character of the changes.

Economics of Advanced Manufacturing Systems

Author : Hamid R. Parsaei
Publisher : Springer Science & Business Media
Page : 374 pages
File Size : 33,71 MB
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 1461534801

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The 1980s have witnessed a tremendous growth in the field of computer integrated manufacturing systems. The other major areas of development have been computer-aided design, computer-aided manufacturing, industrial robotics, automated assembly, cellular and modular material handling, computer networking and office automation to name just a few. These new technologies are generally capital intensive and do not conform to traditional cost structures. The net result is a tremendous change in the way costs should be estimated and economic analyses performed. The majority of existing engineering economy texts still profess application of traditional analysis methods. But, as was men tioned above, it is clear that the basic trend in manufacturing industries is itself changing. So it is quite obvious that the practice of traditional economic analysis methods should change too. This book is an attempt to address the various issues associated with non-traditional methods for evaluation of advanced computer-integrated technologies. This volume consists of twenty refereed articles which are grouped into five parts. Part one, Economic Justification Methods, consists of six articles. In the first paper, Soni et at. present a new classification for economic justification methods for advanced automated manufacturing systems. In the second, Henghold and LeClair look at strengths and weaknesses of expert systems in general and more specifically, an ap plication aimed at investment justification in advanced technology. The third paper, by Carrasco and Lee, proposes an enhanced economic methodology to improve the needs analysis, conceptual design and de tailed design activities associated with technology modernization.