MGI identifies ways in which policy makers and companies can help increase the benefits, and reduce the costs, of transition to more globalized sectors. To be effective, they must first understand how innovation ultimately drives productivity growth.
Synthesis: How Competition Drives Innovation and Productivity Growth
MGI describes the nature of the competitive challenge the U.S. automakers faced between 1987-2002, the way the Big Three responded, the impact on key stakeholders, and the implications for companies and policy makers.
Chapter 2: How the Big Three Learned, Adopted, and Diffused Lean Production
The Big Three U.S. automakers followed different paths to improve process efficiency in response to the competitive threat posed by the more efficient Japan-based transplants.
Chapter 3: Product Differentiation as a Strategic Lever to Create Competitive Advantage
Product innovations had an important impact on both the market situation of the Big Three and the level of productivity in the industry - but whether they actually helped improve the competitive position of the Big Three depended on how easy it was for competitors to emulate the products and quality improvements and adopt them.
New Horizons: Multinational Company Investment in Developing Economies Global expansion has its pitfalls as well as its opportunities, and CEOs as well as policy leaders need to understand them both. Read more
U.S. Productivity Growth, 1995-2000 Much of the U.S. productivity acceleration was structural in nature, and should endure. Read more
Perspective - What ever Happened to the New Economy Evidence from both the U.S. and Europe indicates that IT was and is important to productivity growth, but that its primary role is as an enabler of innovation and competition. Read more
