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An "economy of scale" is part technology, part educating a labor force, and part infrastructure, and it's intentional creation takes focused industrial strategy
by dv_dt 5y ago
An "economy of scale" is part technology, part educating a labor force, and part infrastructure, and it's intentional creation takes focused industrial strategy shaping long term capital allocation. Especially with non-software industries.
- bassman9000 5y agoA collection of iterated improvements that require the regulation, the local enterprises, and the workers to align in a particular way is not exportable, nor a breakthrough.
- dv_dt 5y agoYet China has the “breakthrough” lowest cost solar in the world coming from not being on the map for it twenty years earlier. Not being transferable as an export seems like a benefit for the hosting nation doesn’t it?