Monday, December 19, 2011

Manufacturing needs big ideas, not quick fixes

An opinion piece from former Queensland Premier Peter Beattie from the Saturday edition of The Australian.

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The emergence of China has sparked an international debate on the future of domestic manufacturing.

Last week I addressed a national SmartState conference in Charleston, South Carolina, on behalf of Clemson University; it concluded that the future of US manufacturing must be centred on innovation. That is how Germany competes, despite its high wage structure.

It also became clear in recent meetings in Western Australia that if Australian manufacturing innovates, collaborates and goes global it has a strong future in servicing the growing resources sector. With global economic insecurity, everyone knows that the future of manufacturing requires a long-term strategy.

Click here for the full article.

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