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Intellectual property is the driving force and number one asset of every manufacturing company. It’s why Coke locks its secret recipe in a vault. Why Apple and Samsung pursue multiyear, multimillion-dollar litigation.
World trade growth is down sharply in 2013, a trend that is reflected in the U.S. and Chinese trade in manufactures during the third quarter of 2013, according to an analysis from the Manufacturers Alliance for Productivity and Innovation (MAPI).
The Manufacturers Alliance for Productivity and Innovation (MAPI), a leading business research and executive education organization, announced the election of a new vice chairman and a new member to its Board of Trustees.
The Eurozone faces a period of low prices, languishing real (inflation-adjusted) wages, suppressed consumption, and barely growing fixed investment in the years to come. Forecasts put Eurozone GDP growth at about 1 percent in 2014, and manufacturing output is set to expand close to 2 percent. The region suffers from an overreliance on external demand for generating income. The private sector is income-constrained and will struggle to provide a boost. Banks are shoring up balance sheets following failures of some large and small institutions. As a result, the current efforts led by the European Central Bank to improve capital adequacy are crowding out private sector lending. The Eurozone is stuck with an export growth strategy that combined with weak domestic demand means GDP projections probably overstate both the length and strength of recovery.
Reflecting the modest and uneven improvement in global economic activity, recent indicators for Asian economies have been mixed, with the positive regional impact of stimulus efforts in key countries somewhat negated by unusually volatile currency and financial market activity that is partially c