Stuart A. Rosenfeld presents a timely analysis of the problems
the United States and other industrialized countries face as they
adjust from economies based on natural resources and goods to
economies based on quality of human resources and high-performance,
market-oriented organizations. Some of the questions raised
include: Will American industry successfully face the competitive
challenge of the global economy? Can US manufacturing raise
productivity and innovate enough to remain healthy? Have the latest
advances in process technology and management practice penetrated
the rural industrial base? How can public policy help improve the
competitiveness of the crucial manufacturing sector?
This book challenges the conventional wisdom in economic
development policy. Past state and local industrial policy focused
on locational decisions, not on issues of competitiveness. Building
the competitive advantage of industry is more important than
promoting the competitive advantages of location. Incentives to
modernize are more important than subsidies to locate.
Competitive Manufacturing uses the rural South, the most
industrialized rural region of the nation, to examine the strengths
and weaknesses of manufacturing as the basis for economic growth.
Using historical analysis, surveys, and intensive case studies, the
author analyzes the technological capabilities of rural
manufacturing, the factors that influence the decision to
modernize, and the effects of technology on education and work.
Comparative studies in Denmark and Italy point to new directions
for US economic development policy.
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