In a recent interview, a Siemens CEO stated, "If you give up your manufacturing base, sooner or later you have to give up your engineering and R&D as well."
(See In the USA, manufacturing has been on decline for many years, and now it is apparent that Engineering is also starting to go off-shore. So, this agrees with his comments.
He further states that,"Unlike other countries...France has maintained its manufacturing base."
Why do some countries value manufacturing/Engineering while other countries forgo this for the "service" sector?
Is shedding of the industrial base just the normal evolution of an advanced society or symptoms of the beginnings of the decline?
(See In the USA, manufacturing has been on decline for many years, and now it is apparent that Engineering is also starting to go off-shore. So, this agrees with his comments.
He further states that,"Unlike other countries...France has maintained its manufacturing base."
Why do some countries value manufacturing/Engineering while other countries forgo this for the "service" sector?
Is shedding of the industrial base just the normal evolution of an advanced society or symptoms of the beginnings of the decline?
