Perspective: Innovation should be Made in the U.S.A. By Sridhar Kota and Tom Mahoney, via The Wall Street Journal Nov 18, 2019.
Perspective: Innovation should be Made in the U.S.A.
By Sridhar Kota and Tom Mahoney, via The Wall Street Journal
Nov 18, 2019
Even as trade tensions with China have deepened, many U.S. political and economic leaders continue to believe that offshoring is not only profitable but also sound national economic strategy. Manufacturing in China is cheaper, quicker and more flexible, they argue. With China’s networks of suppliers, engineers and production experts growing larger and more sophisticated, many believe that locating production there is a better bet in terms of quality and efficiency. Instead of manufacturing domestically, the thinking goes, U.S. firms should focus on higher-value work: “innovate here, manufacture there.”
Today many Americans are rightly questioning this perspective. Once manufacturing departs from a country’s shores, engineering and production know-how leave as well, and innovation ultimately follows. It’s become increasingly clear that “manufacture there” now also means “innovate there.”
Read the full perspective, "Innovation should be made in the U.S.A.," at wsj.com.
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