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Production in the Innovation Economy

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Production in the Innovation Economy

Richard M. Locke and Rachel L. Wellhausen

Given links between innovation and production, how does an innovation economy maintain manufacturing? The authors in this volume use hundreds of interviews with firms in the US and abroad, a nationally representative survey of manufacturers, and analyses of start-up firms, business practices, and new manufacturing technologies to answer this question. Because today’s firms have turned away from vertical integration, many manufacturing capabilities rest in external “ecosystems” of suppliers, competitors, and ... Read more



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