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Manufacturing: the great comeback?


Manufacturing: the great comeback?

Manufacturing has long been argued to be the heart of any modern economy. It produces valuable exports, boosts the balance of trade, provides skilled jobs and generates even more jobs in supporting service sectors. Yet many developed economies have seen the weight of manufacturing in their economies decrease since the 1970s, relative to services and finance. Can Britain re-engineer its economy towards production for export again? Could new technologies like 3D printing move from the level of the hobbyist to usher in a new industrial revolution? Speakers in this absorbing Battle of Ideas debate include Andrew Bergbaum, director & manufacturing industry consultant, AlixPartners; Peter Marsh, manufacturing editor, Financial Times; James Matthews, management consultant, founding member, NY Salon and Mike Wright, executive director, Jaguar Land Rover.

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Related topics: Debates, Economy

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BIG POTATOES | Manufacturing Workgroup: Can Britain (design and) make it?, 18/07/2013 (London) said:

[…] Video: Battle of Ideas 2012: Manufacturing: the great comeback? [WORLDbytes] […]

Mohammed said:

I think Mijanur’s comment is fairly sensible but I do think that there is something vitally important in actually producing goods. The value created in manufacturing cannot be replaced by design services. I think that UK PLC should take more risks, dare both to innovate and to produce.

James Lonsdale said:

As I understand it, this is part of a longer term debate on British decline. There are a few sides in this kind of discussion: some see decline as inevitable; some see globalisation as a more gentle internationalisation of production than it’s imperialist predecessor; others want more investment in R&D to lead in some future economic boom. There are more nuances of course but in general I think the latter is the way to go.

Mijanur said:

I have to say that although there is a general view amongst the British public that manufacturing doesn’t exist in Britain. I would take the view that manufactuing has merely just moved between on part of the supply chain to another. Britain is actually still very big in terms of design and innovation. A lot of architecture in other countries have been designed by British architects and also a lot of products such as the Korean brands have had a lot of British input. So although there are no factories, there are however a lot of design companies which is actually manufacturing as well.