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How UK Manufacturers Create Value

In: Redesigning Manufacturing

Author

Listed:
  • Michael Beverland

    (University of Bath)

  • Beverley Nielsen

    (Birmingham City University)

  • Vicky Pryce

    (Centre for Economics and Business Research)

Abstract

Given the conclusion of the previous chapter, it is fair to ask, “How do UK manufacturers compete?” First, we generally think that relating UK manufacturing success to (on top of the necessary macroeconomic policies) value added, innovation, business model and ecosystems is broadly correct. However, we disagree with how these are interpreted. We propose the reality of manufacturing success in the UK (and many other advanced or post-industrial economies) is more complicated and nuanced than much of the extant research would have us believe. In this chapter we offer an alternative approach—one that complements rather than rejects entirely the extant literature. We will support our contentions with case examples.

Suggested Citation

  • Michael Beverland & Beverley Nielsen & Vicky Pryce, 2015. "How UK Manufacturers Create Value," Palgrave Macmillan Books, in: Redesigning Manufacturing, chapter 4, pages 61-81, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-46522-1_4
    DOI: 10.1057/9781137465221_4
    as

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