The Next Wave of Manufacturing

Centre for Entrepreneurial Management and Innovation (CEMI) Discussion Paper No. 1301

12 Pages Posted: 24 Apr 2014

See all articles by Tim Mazzarol

Tim Mazzarol

University of Western Australia

Date Written: August 18, 2013

Abstract

Manufacturing remains an important sector in most economies and offers the most value adding of all sectors. Over the past 40 years globalisation as impacted on manufacturing; making it more challenging for advanced economies with high labour costs to compete. However, there has been a major shift in the global business model that underlies manufacturing. This is a shift from control over stocks of knowledge and assets, to the ability to tap into global flows of knowledge and intellectual capital. The use of additive manufacturing tools such as 3D printers can potentially change the nature of how manufacturing works. If Australia’s manufacturing industries are to be sustainable they must embrace bundling high-value added products and services and engage actively in global supply chains. Attention should be given to low and mid-tech industries as well as high-tech sectors.

Keywords: 3D printing, global supply chains, globalisation, Innovation, manufacturing

Suggested Citation

Mazzarol, Tim, The Next Wave of Manufacturing (August 18, 2013). Centre for Entrepreneurial Management and Innovation (CEMI) Discussion Paper No. 1301. Available at SSRN: https://ssrn.com/abstract=2428007

Tim Mazzarol (Contact Author)

University of Western Australia ( email )

35 Stirling Highway
Crawley, Western Australia 6009
Australia
+618 6488-3981 (Phone)
+618 6488-1072 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
104
Abstract Views
421
rank
268,302
PlumX Metrics