Ron Felber writes a provocative article for IndustryWeek on how "the wave of technological innovation in communication systems and production tools make it easier to bring new products to market faster than the competition by designing, refining, and manufacturing them right here in the United States."
For Americans, the most important factor is the emergence of new tools that address an old problem. The old problem is the cost, delay and inefficiency of converting an idea into reality. Before a company can earn the first customer, or their first dollar, they have to decide whether the product can be built, at what cost, and how fast, so they can beat competitors to market.
Read the entire article: Expansion Management: The Myth of Globalization
Note: Mr. Felber is also the author of A Man of Indeterminate Value.