Manufacturing for success and change
Capturing value upstream via IP, or downstream via application is key for manufacturers looking to survive when low-cost labour dries up According to a 2017 McKinsey & Co. report, 10,000 Chinese firms operate in Africa, with one-third of them manufacturing companies. Many are midsize manufacture...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2018
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| Online Access: | https://ink.library.smu.edu.sg/pers/387 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1389&context=pers |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Capturing value upstream via IP, or downstream via application is key for manufacturers looking to survive when low-cost labour dries up
According to a 2017 McKinsey & Co. report, 10,000 Chinese firms operate in Africa, with one-third of them manufacturing companies. Many are midsize manufacturers without the critical mass to take on the big boys, and so decide to capitalise on Africa’s lower labour costs as those in China creep ever higher. |
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