Economic Growth Drivers

Issues Old Economy New Economy
Production Mass Production
(Few Models)		 Flexible Production
(Custom Products)
Key Drivers Capital/Labor/
Natural Resources		 Innovation
(Technology)/
Knowledge/Capital
Competitive Advantage Economies of Scale Innovation/Quality/
Cost/Time-To-Market
Value of
Research/Innovation		 Low to Moderate High
Relationships "In House" Alliances and
Collaboration

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