Producing Prosperity: Why America Needs a Manufacturing Renaissance by Gary P. Pisano & Willy C. Shih

Author:Gary P. Pisano & Willy C. Shih
Language: eng
Format: mobi
ISBN: 9781422162682
Publisher: Harvard Business Review Press
Published: 2012-09-24T14:00:00+00:00

This chapter should have convinced you that the decline of a country’s commons is a serious problem for the innovative potential of a country. Now let’s examine both the decisions and circumstances that gave rise to a unique and fertile commons in the United States and those that have eroded it in the last four decades.

CHAPTER 5

The Rise and Decline of the American Industrial Commons

Three forces play a role in the rise and decline of an industrial commons: government policies (e.g., funding for research), corporate strategies and management decisions (e.g., R&D investment, location decisions), and exogenous circumstances (e.g., wars, the size of the national market). This chapter examines how these forces have interacted to drive the rise of the American industrial commons and then contributed to its decline. Our goal is not to provide an encyclopedic history; rather, it is to provide a context for the prescriptions we offer in chapters 6 and 7.

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