In many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy.
This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions.
Some of the world’s most original thinkers explain the competitiveness challenge America faces and point the way forward.
Over the last four decades companies have dispersed more and more of their activities across the globe. Data and analysis from Michael E. Porter and Jan W. Rivkin suggest that the U.S. is losing out on location decisions at an alarming rate, even for high value adding activities such as R&D that it should be able to attract.
Manufacturing matters to a nation’s economic prosperity, not because it is an important source of jobs (it currently represents only about 10% of US employment) but because manufacturing competence is often an integral part of innovation. By Professors Gary P. Pisano and Willy C. Shih.
Professors Michael E. Porter and Jan W. Rivkin frame the HBS project on U.S. competitiveness by defining "competitiveness," assessing the state of U.S. competitiveness, and pinpointing dynamics that threaten America's competitiveness.
The world is interdependent, and the U.S. economy is still too large for anyone to profit from a rapid decline in its well-being.
As part of the U.S. Competitiveness Project, Harvard Business School asked its alumni to complete an in-depth survey on U.S. competitiveness.
Industries located in regions with strong clusters (i.e. a large presence of other related industries) experience higher growth in new business formation and start-up employment.
For decades, U.S. companies have been outsourcing manufacturing in the belief that it held no competitive advantage. That has been a disaster.
The performance of regional economies varies markedly in terms of wage, wage growth, employment growth, and patenting rate.
The real work of raising productivity and innovative capacity usually occurs not in our nation's capital, but in the cities and regions where firms are based and competition actually takes place.
In the modern competitive marketplace, nations have their own competitive advantages. These are investigated and discussed in-depth.