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Restoring American Competitiveness by Gary P. Pisano and Willy C. Shih

2023-08-09 02:06:43

According to the article "Restoring American Competitiveness" by Gary P. Pisano and Willy C. Shih, the industry in the United States has lost competition through outsourcing manufacturing damage. There are several problems that are causing serious problems in the US economy, and lack of innovation and competition has led to a decrease in trade. These problems are lack of research and development funds by governments and companies, and lack of management's financial decision on outsourcing.

Colleagues at Harvard colleagues Gary Pisano and Willy Shih have the same view as Andy Grove that export manufacturing consumes US innovation. They believe that innovation is not manufacturing but R & D only, it is not part of the innovation process, not manufacturing. The ability to develop complex manufacturing processes is as important as creating dreams. Trade policy expert Clyde Prestowitz recent blog post pointed out that the manufacturing industry accounts for about two thirds of the total R & D investment in the US and improves the productivity of the economy as a whole. Great contribution This makes it more economically valuable than most service industries. He continued, said the Dean of the Faculty of Engineering said that because of the lack of work, it reduced the manufacturing industry as the main reason for the decrease in US science and engineering graduates.

You can learn lessons from this deployment. No, the manufacturing industry is not the whole industrial engine. Economic growth is more than just making things. However, we are willing to separate the production of ideas into objects that can be sold from their manufacture. As Harvard Business School Willy Shih and Gary Pisano pointed out in their 2009 revolutionary work "Restoring American Competitiveness", this will have a long-term impact. What does this mean for the next necessities? It may still be designed in the United States, but how long will it last? Of course, we will not make them in America. More importantly, most Americans are not benefiting from their commercial success. At some point, we may consume them