Wednesday, June 11, 2003
The popular business press has mostly got it wrong about manufacturing. It's not dying, it's changing.
And they missed one of the biggest economic stories of the 1990's: the extraordinary growth in productivitiy among manufacturers.
The National Association of Manufacturers has commissioned an important report on the future of manufacturing. It underlines the importance of understanding the critical importance that manufacturing plays (and could continue to play) in our economic future. You can download it from this page.
The analysis contends that manufacturing is “the heart of an innovative process that powers the U.S. economy to global leadership” and that “America’s unprecedented wealth and world economic leadership are made possible by a critical mass of manufacturing within the geographic confines of the American common market.”
Today in our history of innovation
In 1742, Benjamin Franklin invented the Franklin stove. The wood fuel burns on an iron surface over a cold air duct which heats air which then passes through baffles in the back wall. The heated air is released through vents on each side of the stove. Rather than patent it, Franklin chose to write about it in a book so that others could freely copy his design.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.