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Supply Chain Economy: Understanding Innovation in Services

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Supply Chain Economy: Understanding Innovation in Services

Speakers

Mercedes Delgado

Associate Professor of Strategy and Innovation, Copenhagen Business School

Karen Gordon Mills

Senior Fellow, Harvard Business School

Presider

James P. Dougherty

Adjunct Senior Fellow for Business and Foreign Policy, Council on Foreign RelationsRoundtable Series on Technology, Innovation, and American Primacy and Greenberg Center for Geoeconomic Studies

Supply chains are an integral part of the American economy and actively drive U.S. innovation. However, what is included in the term has lacked an empirical definition. Reviewing the suppliers and creating a new categorization that separates supply chain industries (i.e., those that sell their goods and services primarily to other businesses or governments) from business-to-consumer (B2C) industries, provides a more accurate understanding of the U.S. economy and the role of manufacturing in innovation. Mercedes Delgado, associate professor of strategy and innovation at the Copenhagen Business Schooland Karen Mills, senior fellow at Harvard Business School, discuss their recent paper on “A New Categorization of the U.S. Economy” and its implications for innovation.

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