Global Manufacturing & the Future of Technology: Possibilities for National Action

Sunday, February 19, 2017: 10:00 AM-11:30 AM
Room 313 (Hynes Convention Center)
Erica Fuchs, Carnegie Mellon University, Pittsburgh, PA
Traditional economics suggest that the shift in manufacturing’s distribution from developed to developing nations results in net global productivity gains that outweigh the losses. We demonstrate that shifts in manufacturing locus can affect which products are profitable, reducing incentives for innovation globally. Outcomes vary by product and sector: A policy that could enhance innovation in one sector could undermine innovation in another. I conclude with possibilities for national action.