Resource Orchestration Theory
Empirical data from primary and secondary sources studies how the effect of economic volatilities affect 3D printing business in China. Empirical data is essential in detailing the effective use of 3D printing technology across diverse applications with a sample population of 6581. Internal and external factors in data collection and analysis focus on the accuracy and reliability of empirical data while maintaining high levels of transferability of research findings.
The research and study process relies on the Resource Orchestration Theory to assess effectiveness in the use of 3D printing technology in solving solutions in diverse sectors. Empirical data indicates that lack of appropriate functional coordination leads to wastages of essential resources in industries such as Wood & paper applications due to lower optimal values. For instance, while applying 3D printing techniques in textiles, clothing, and footwear, and leather designs, empirical data indicates fewer allocations of materials for administrative purposes compared to productive resources. The result is lower prices for finished products at reduced marginal costs compared to the number of resources allocated in logistics, human capital salaries, and other administrative functions.
The sample population is 6581, representing diverse applications of 3D printing technology designed and produced in the local Chinese economy. The sample size of 6581 is sufficient in listing observations of volatilities in the domestic china’s economy while offering an adequate sample population for regression analysis, thus providing a cross-sectional study of business uncertainties.
The description part of the sample data details business variables and volatilities, including sources of capital for investments and the amount of debt that could present a going concerning the business. The description relies on empirical data collection methods, including interviewing business managers to improve the transferability and reliability of observed phenomena.
The industry section of sampled data describes industries in the local china economy that 3D printing technology derives from and diversity in an application for various utilizations. The industry section lists the practical use of 3D printing innovations to create value and wealth while offering empirical data that is accurate and transferable across different researching methodologies.
The level section classifies 3D printing technology based on conception as level 0, diffusion as level 1, and application of additive manufacturing as level 2. For instance, Petroleum, coal, chemical & associated product classification of 3D printing technology is category 2, indicating the potential of additive manufacturing being applied for the production of final products. Construction being classified as level 1 shows innovations in 3D printing in the initial stages of diffusion, thus limiting potential applications across the building and real estate sectors.
The size section of empirical data details the number of employees that a given 3D printing technique can offer income-generating opportunities. For instance, Printing, publishing, & recorded media can provide infinite employment opportunities in a local economy, thereby indicating the impact of business and financial volatilities in creating challenges for human capital.
Line code and value data sections indicate the applicability of 3D printing techniques across industries through a cross-sectional analysis while showing the potential rate of adoption of 3D technologies. For instance, a value of 579 indicates potential applications of 3D printing innovation in fields such as automotive, apparel, and kitchen appliances that are dependent on metal components as raw materials. A value of 2694 identifies a list of potential applications of 3D printing techniques in fields such as food and beverage, agricultural, and service industry sectors. Empirical data was obtained from primary and secondary sources, while the representation details a Cross-sectional analysis of business abilities in the adoption of 3D technologies.