The Next Industrial Revolution? Custom 3-D Printing (or ‘Additive Manufacturing’)

“It works like this. First you call up a blueprint on your computer screen and tinker with its shape and colour where necessary. Then you press print. A machine nearby whirrs into life and builds up the object gradually, either by depositing material from a nozzle, or by selectively solidifying a thin layer of plastic or metal dust using tiny drops of glue or a tightly focused beam. Products are thus built up by progressively adding material, one layer at a time.”

The New Innovation – Individuals Rather Than Companies

Pathbreaking research by a group of scholars suggests that the traditional division of labor between innovators and customers is breaking down. “What the team discovered… was that the amount of money individual consumers spent making and improving products was more than twice as large as the amount spent by all British firms combined on product research and development over a three-year period.”