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Role of Manufacturing Sector in the Forthcoming National Industrial Transformations

Author

Listed:
  • Jeffrey Yi-Lin Forrest

    (Slippery Rock University of Pennsylvania, USA)

  • Jun Liu

    (Nanjing University of Information Science and Technology, China)

  • Gerard Martorell

    (Lock Haven University, USA)

  • Liang Xu

    (Slippery Rock University of Pennsylvania, USA)

  • Yong Liu

    (Jiangnan University, China)

Abstract

At the present time, various ambitious nations laid out their plans for maintaining or acquiring their leadership in the world by emphasizing innovations and by focusing on the manufacturing sector. To understand this phenomenon theoretically, this paper addresses the importance of the manufacturing sector in the overall development of a nation's economic strength. By employing systems thinking and such a logical reasoning that is commonly used in mathematics and natural science, this paper establishes three formal propositions on related issues and provides policy recommendations and open problems for future research.

Suggested Citation

  • Jeffrey Yi-Lin Forrest & Jun Liu & Gerard Martorell & Liang Xu & Yong Liu, 2021. "Role of Manufacturing Sector in the Forthcoming National Industrial Transformations," International Journal of Sociotechnology and Knowledge Development (IJSKD), IGI Global, vol. 13(2), pages 153-167, April.
    • Handle: RePEc:igg:jskd00:v:13:y:2021:i:2:p:153-167
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