Answers are grounded in this paper and cite their sources.
Too often companies using a manufacturing strategy of mass production have been hard hit by competition from inexpensively produced imports. But many companies that do remain competitive are developing a flexible specialization strategy. This strategy allows them to be more entrepreneurial in their manufacturing approach by both accommodating and creating rapid market changes.
No takes yet. Share an insight, caveat, or question.
Haskins et al. (1988) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: