This new book contributes to the understanding of industrial production as our main engine of welfare. Industrial production plays a key role in human culture and the improvement in lives. Economic growth, competition and profit are important items in this mechanism. However, they are not really the main reasons why industrial production is so important. This book highlights industrial production as an engine of welfare, which is considered its main benefit. The book's objective is to improve the understanding of the fundamental mechanisms of industrial production. Consequently, this is not a book about design theories. It is a book dedicated to industrial engineering. Its focus is on the systemic nature of industrial engineering and the perspective is primarily the innovation process - where products and processes are designed and developed in order to make productive fulfilment of customer's needs possible. The book is considered a contribution to the philosophy of Industrial Engineering.