'New Manufacturing': One Approach to the Knowledge Economy

62 636 105 3 644 document 105 wp12_1999_houghton_pappas_sheehan.pdf application/pdf 108863 2011-09-09 10:19:46 https://vuir.vu.edu.au/62/1/wp12_1999_houghton_pappas_sheehan.pdf 62 1 application/pdf text en public

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http://eprints.org/relation/isVersionOf https://vuir.vu.edu.au/id/document/105 http://eprints.org/relation/isVolatileVersionOf https://vuir.vu.edu.au/id/document/105 http://eprints.org/relation/issmallThumbnailVersionOf https://vuir.vu.edu.au/id/document/105 archive 34 disk0/00/00/00/62 2005-10-19 2021-08-27 07:38:29 2008-08-19 18:50:27 monograph show Houghton John Houghton, John Pappas Nick Pappas, Nick Sheehan Peter 0000-0001-9450-8371 'New Manufacturing': One Approach to the Knowledge Economy pub 340000 FOR_2008_140200 cses manufacturing; knowledge; economy; industrial composition This paper was presented at the conference ‘The Knowledge Economy and China’s Development’, sponsored by AusAID through the Australia-China International Links Program, Hall of Science and Technology, 8-10 July 1999, Beijing, China. With the emergence of the global knowledge economy we are seeing changes in the industrial composition of economies, in the nature of activities within industries, and in the relationships between industries. In this paper we seek to shed light on the nature of those changes. We begin by questioning the commonly held notion that a knowledge economy is a services economy. We then develop an alternative framework for understanding the economic contribution of various production and service activities. In this way, we show that the goods producing and goods related service industries remain at the core of developed economies. We then present a brief sketch of the nature of 'new manufacturing' in order to highlight the increasing interrelatedness of both sectors and industries in a knowledge economy. Finally, we present an example of how an alternative perspective on structural change, and on the emergence of the increasingly complex product systems which we characterise as 'new manufacturing', can be operationalised and used to inform the study of even the most traditional manufacturing industries as well as the formulation of industry policy for a knowledge economy. Implications for China's future development are discussed. 1999-09 submitted Victoria University CSES Working Paper No. 12 59726 2 2392195 dark_document 59726 Sheehan Peter.pdf application/pdf cbc314131c2872212f9758219ad384e9 MD5 103434 2020-08-13 00:57:43 62 3 3 application/pdf text Submission & Permission Form en staffonly

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other public working_paper Melbourne, Australia 22 Victoria University Centre for Strategic Economic Studies 9781862725461 FALSE