DocumentCode :
877118
Title :
New evidence on the economic effects and diffusion of FMS
Author :
Mansfield, Edwin
Author_Institution :
Dept. of Econ., Pennsylvania Univ., Philadelphia, PA, USA
Volume :
40
Issue :
1
fYear :
1993
fDate :
2/1/1993 12:00:00 AM
Firstpage :
76
Lastpage :
78
Abstract :
It is argued that flexible manufacturing systems (FMS) are a very important recent development in industrial automation. Based on a three-year study of over 200 firms in Japan, the United States, and Western Europe, a summary of new data concerning the economic effects of flexible manufacturing systems and their rate of diffusion is presented. The following three conclusions are suggested: the potential economic advantages of FMS seem often to have been achieved, the average estimated rate of return from an investment in FMS appears to have been substantially lower in the United States than in Japan, and, relative to other important industrial innovations of this century, the rate of diffusion of FMS has been slow
Keywords :
economic and sociologic effects; flexible manufacturing systems; Japan; United States; Western Europe; economic effects; flexible manufacturing systems; industrial automation; Aerospace industry; Costs; Europe; Flexible manufacturing systems; Industrial economics; Manufacturing automation; Manufacturing industries; Profitability; Technological innovation; Workstations;
fLanguage :
English
Journal_Title :
Engineering Management, IEEE Transactions on
Publisher :
ieee
ISSN :
0018-9391
Type :
jour
DOI :
10.1109/17.206654
Filename :
206654
Link To Document :
بازگشت