Small business and the economics of flexible manufacturing |
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Authors: | Romesh Diwan |
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Institution: | (1) Rensselaer Polytechnic Institute Troy, 12180-3590 New York, NY, USA |
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Abstract: | The impact that flexible manufacturing has had on the structure of international trade is examined. By introducing an analysis of the economics of flexible manufacturing, it is concluded that flexible technology is more conducive to small rather than large firms. This shift in the size distribution of firms is the result of a new emerging techno-economic paradigm. |
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