"We are essentially using our manufacturing knowledge to offer an additional product and a new service, " she said.
And as China shifts from a manufacturing to knowledge-based economy, expect it to invest in "knowledge based" sectors like insurance, finance and hi-tech software firms.
They can borrow the materials, manufacturing tools, knowledge, people, and markets to expand the utility of silicon chips.
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Big global retailers were unsympathetic, showing their own greater knowledge of Chinese manufacturing by driving ever tougher bargains with small producers that desperately needed orders.
Further, as manufacturing moves toward a more information-intensive, automated, and flexible future, it is returning to the US. With new materials, new techniques and demands for mass-customization, manufacturing will increasingly rely on knowledge, design capabilities, innovation and research.
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David Marshall, a vice president at the Greensboro Partnership, which was formed in 2005 from the merger of Greensboro Economic Development Alliance, Action Greensboro, and the Greensboro Chamber of Commerce, says the Partnership has developed a strategic plan that focuses on transforming Greater Greensboro from a traditional manufacturing-based economy to a knowledge-based economy.
In the last three decades as some manufacturing has moved to other countries, the US economy has more than trebled by moving up the economic ladder through continuous innovations, past outdated manufacturing to services and the production of knowledge.
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It would be foolish of us as a culture to miss the pain the Dr. Pepper soft drink is meant to alleviate during an era where traditionally male jobs are disappearing (construction, manufacturing) and there is increasing competition for knowledge work from women, as well as a general feminization of the culture (a topic too big to talk about in a comment).
In essence, I am talking about the kind of knowledge work jobs that exist in the high-tech world and the advanced manufacturing plants of some major manufacturers.
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