Remove Engineering Remove Finance Remove Marketing Remove Offshoring
article thumbnail

Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Trouble is, two recessions in 10 years have cut the capital fuel supply to the tech-company-creation engine. Combine that with the offshoring mania among established manufacturers, and you've got a full-blown crisis. The result has been the loss of millions of U.S. manufacturing jobs.

article thumbnail

Entrepreneurs Take On Manufacturing

Harvard Business Review

First, Kickstarter and other crowd-funding sources have opened up new options for initial finance. Other contractors have also begun to engage, seeing real market value. given the nation’s advantages in creativity, software, and cloud-based business organization, even if much of the resulting new production winds up offshore.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Outsourcing Can Save Your Business

Strategy Driven

Things such as administration, finance and statistics can be outsourced by a business if they do not want to complete these tasks themselves. It might be that internally a company has no one who can complete social media tasks and copywriting, so a lot of the time this will be outsourced to help the business market themselves.

article thumbnail

How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business Review

It’s a lesson for countries around the world: Once manufacturing bids farewell, engineering and production know-how depart as well, and innovation activities eventually follow. by looking back to the original offshoring frenzy which started with consumer electronics in the 1960s. We can trace how this happened in the U.S.