There is increasing recognition that manufacturing is a critical driver of both advanced and developing economies. For emerging economies, it provides a pathway from subsistence agriculture. For the developed world, manufacturing is a key source of innovation and competitiveness through R&D, new business models, skills development and productivity growth. As the economic environment changes, it is important to explore the future of manufacturing in global markets and value chains.
This Forum will be an opportunity to share research and ideas, with contributions on current issues and best practice. The focus of the forum is to address key challenges for the future of manufacturing nationally, regionally and internationally and how business leaders, academics and policy-makers propose to address these challenges.
There are many examples of success in Australian advanced manufacturing and its participation in global markets and value chains. Mr Williams will present the Hunter’s experience during a panel discussion that focuses on current case studies of innovation in products, services, business strategy and regional cluster development. The session will also address how ‘smart specialisation’ and a global mindset can maximise growth opportunities.