The future of manufacturing industry in Europe

Risto Kuivanen (Corresponding Author)

    Research output: Contribution to journalArticleScientificpeer-review

    3 Citations (Scopus)

    Abstract

    In Western Europe, many companies are moving their activities to low salary countries, such as China and India. The speed of globalisation is increasing. This creates new demands especially for the manufacturing industry. The best way of keeping a manufacturing industry in at least a major part of Europe is to specialise, mainly in production, where there are needs for special skills, and where the price of the workforce is not a key factor. This is easiest with products which are highly innovative. There will hardly be only one successful vision to follow for the whole of Europe. With new kinds of business models, it is still possible to conduct successful business in Europe in the field of manufacturing.
    Original languageEnglish
    Pages (from-to)488-493
    Number of pages6
    JournalInternational Journal of Productivity and Performance Management
    Volume57
    Issue number6
    DOIs
    Publication statusPublished - 2008
    MoE publication typeA1 Journal article-refereed

    Fingerprint

    Manufacturing industries
    Manufacturing
    Salary
    India
    Workforce
    Globalization
    Factors
    Business model
    China

    Keywords

    • manufacturing industries
    • globalization
    • competitive strategy
    • Europe

    Cite this

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    title = "The future of manufacturing industry in Europe",
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    The future of manufacturing industry in Europe. / Kuivanen, Risto (Corresponding Author).

    In: International Journal of Productivity and Performance Management, Vol. 57, No. 6, 2008, p. 488-493.

    Research output: Contribution to journalArticleScientificpeer-review

    TY - JOUR

    T1 - The future of manufacturing industry in Europe

    AU - Kuivanen, Risto

    PY - 2008

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    N2 - In Western Europe, many companies are moving their activities to low salary countries, such as China and India. The speed of globalisation is increasing. This creates new demands especially for the manufacturing industry. The best way of keeping a manufacturing industry in at least a major part of Europe is to specialise, mainly in production, where there are needs for special skills, and where the price of the workforce is not a key factor. This is easiest with products which are highly innovative. There will hardly be only one successful vision to follow for the whole of Europe. With new kinds of business models, it is still possible to conduct successful business in Europe in the field of manufacturing.

    AB - In Western Europe, many companies are moving their activities to low salary countries, such as China and India. The speed of globalisation is increasing. This creates new demands especially for the manufacturing industry. The best way of keeping a manufacturing industry in at least a major part of Europe is to specialise, mainly in production, where there are needs for special skills, and where the price of the workforce is not a key factor. This is easiest with products which are highly innovative. There will hardly be only one successful vision to follow for the whole of Europe. With new kinds of business models, it is still possible to conduct successful business in Europe in the field of manufacturing.

    KW - manufacturing industries

    KW - globalization

    KW - competitive strategy

    KW - Europe

    U2 - 10.1108/17410400810893428

    DO - 10.1108/17410400810893428

    M3 - Article

    VL - 57

    SP - 488

    EP - 493

    JO - International Journal of Productivity and Performance Management

    JF - International Journal of Productivity and Performance Management

    SN - 1741-0401

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    ER -