Europe. The Illusion of Advanced Services
POLITICAL SCIENCES |

Europe. The Illusion of Advanced Services

IN THE FUTURE, IT WON'T BE ABOUT WHO MANUFACTURES THE INDIVIDUAL COMPONENT OF THE ELECTRIC CAR, BUT THE ABILITY TO MANAGE THE WHOLE PROCESS, ALBERTO BRAMANTI EXPLAINS IN A FORTHCOMING ESSAY WHICH UNDERLINES THE IMPORTANCE OF PARTNERSHIPS BETWEEN UNIVERSITIES AND FIRMS

Alberto Bramanti calls it “the advanced services hangover”. He refers to the belief, widespread until 2008, that the service industry is the driving sector in advanced and increasingly urbanized economies. “I would rather say that Italy’s future lies in the manufacturing sector”, the Bocconi Associate Professor says. There are several reasons for that. The manufacturing sector is a powerful driver of innovation. It attracts highly qualified employees. Exports consist mainly of manufactured products. Its value chains are varied and widespread.
 
“The crisis has shown that if you don’t safeguard competencies on concepts and processes you will end up losing the competition over markets. In the future, it will not matter who produces the components of an electric car, but the ability to manage the entire process. Italy should leverage its models of territorial proximity and industrial districts where the producers of the means of production and the producers of the final product stand shoulder to shoulder”. In the article “New Manufacturing Trends in Developed Regions. Three Delineations of New Industrial Policies: ‘Phoenix Industry’, ‘Industry 4.0’, and ‘Smart Specialization’”, which will be featured in a collective book on innovation edited by Ulrich Hilbert and published by Routledge, Professor Bramanti addresses the challenge that three advanced manufacturing regions are facing in the upgrade of their innovation strategies: West Midlands (England), Baden-Württemberg (Germany) and Lombardy (Italy).
 
“Every case is different, but these three regions are facing the same challenge: to make a complex ecosystem work. The skills and knowhow accumulated locally must be integrated with capabilities on process technologies. In Italy, there is the need to further strengthen scientific and technical knowledge. We must strengthen the linkages between the university system and manufacturing firms, says Bramanti. “We must encourage mobility between industry and research, for instance by promoting professional practice doctorates, and focusing on technological start-ups. However, there are no easy recipes,” he concludes.

Read more about this topic:
How to Survive Changes in Employment, Without the Need for Winners and Losers
Labor Law Needs a Check-Up
Robot Shock and Effects on Elections
It’s Easy to Adopt a Technology, But Hard to Renew Skills

Machines Are Now Replacing Creative Work Too
Millennials Want More Feedback from Employers
Soon Even Banking Will Be a Sexy Job
An Operations Manager Makes Healthcare More Fluid


by Claudio Todesco

News

All News
  • How Much Are Individual Choices Worth

    Paolo Pin highlights social mechanisms that make containment policies effective or ineffective  

  • The Importance of a Strong National Health Service

    Eduardo Missoni and a team of alumni studied how health systems dealt with the COVID emergency  

Seminars

  September 2020  
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30        

Seminars      

All Seminars
  • Heterogeneously Perceived Incentives in Dynamic Environments: Rationalization, Robustness and Unique Selections
    Theory and Experiments

    Peio Zuazo-Garin (ICEF - HSE University)   Registration is required to attend the On Campus Brown Bag event, which is restricted to Bocconi Faculty and Students.  All other interested parties are invited to participate via Live Streaming, please contact patrizia.pellizzari@unibocconi.it to receive the link

    Seminar Room AS03, floor -2, Via Rontgen 1

  • CALLING FOR TRANSPARENCY IN EMERGING MARKETS: EVIDENCE FROM A FIELD EXPERIMENT
    Accounting Seminar Series Fall 2020

    T.J. Wong (USC Marshall)   Registration   Note that Zoom registration is required – this can be done before the seminar date by clicking on the Registration link.

    Webinar