US Competitiveness: Based on differentiation, not on cheap goods
This is the nation of Michael Porter and Phillip Kotler, and our GDP per capita is way higher than the emerging economies, specifically, BRICs. The United States can no longer compete on manufacturing cheap goods. However, with a sharp focus on R+D, patent generating and quality management, our products would prosper overseas. We may have to learn from Germany's Mittelstand which have proven a certain degree of being ...more »
This is the nation of Michael Porter and Phillip Kotler, and our GDP per capita is way higher than the emerging economies, specifically, BRICs. The United States can no longer compete on manufacturing cheap goods. However, with a sharp focus on R+D, patent generating and quality management, our products would prosper overseas. We may have to learn from Germany's Mittelstand which have proven a certain degree of being counter-cyclical agents.
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