In a time when manufacturers "perceive that China is progressively losing its attractiveness as a low-cost manufacturing location because of rapid wage escalation," Massachusetts positions itself as an attractive option for hardware startups. What puts Massachusetts on the map for manufacturing? Innovation and talent that help cut lead times and meet quality standards, according to a report released by MIT’s Industrial Performance Center.
How is Massachusetts a leader in innovation and talent?
1. World-class research universities mean research that results in competitive, new products.
2. A talent pool from these universities creates products and improves products, services, processes, and organizational structures.
3. The Commonwealth has a thriving startup community for new product development.
4. There are a large number of suppliers like machine shops to manufacture custom parts on a small scale.
5. The Commonwealth has promoted manufacturing careers in community colleges and organizations and created training programs for skill development.
Source: Strengthening the Innovation Ecosystem for Advanced Manufacturing, released May 2015
How is Massachusetts a leader in innovation and talent?
1. World-class research universities mean research that results in competitive, new products.
2. A talent pool from these universities creates products and improves products, services, processes, and organizational structures.
3. The Commonwealth has a thriving startup community for new product development.
4. There are a large number of suppliers like machine shops to manufacture custom parts on a small scale.
5. The Commonwealth has promoted manufacturing careers in community colleges and organizations and created training programs for skill development.
Source: Strengthening the Innovation Ecosystem for Advanced Manufacturing, released May 2015
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