Fundamental Manufacturing Process Innovation Changes the World

16 Pages Posted: 25 Oct 2019 Last revised: 30 Jul 2020

See all articles by Michael A. Filler

Michael A. Filler

Georgia Institute of Technology

Matthew J. Realff

Georgia Institute of Technology

Date Written: July 30, 2020

Abstract

We describe fundamental manufacturing process innovation (FMPI) and show that it is central to technological and societal progress. We identify the mechanisms by which FMPI occurs and also explain why it is frequently overlooked and/or misunderstood. By analyzing eight such innovations that shaped the modern world, we highlight the scope of FMPI and reveal its common characteristics. We aim to stimulate a conversation about FMPI, assess its frequency and range of impact, and consider methods for incentivizing it in the future.

Keywords: manufacturing, process, innovation, electronics, healthcare, materials, energy

Suggested Citation

Filler, Michael and Realff, Matthew J., Fundamental Manufacturing Process Innovation Changes the World (July 30, 2020). Available at SSRN: https://ssrn.com/abstract=3470660

Michael Filler (Contact Author)

Georgia Institute of Technology ( email )

Atlanta, GA 30332
United States

HOME PAGE: http://www.fillerlab.com

Matthew J. Realff

Georgia Institute of Technology ( email )

Atlanta, GA 30332
United States

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