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 language | English |
---|---|
Title of host publication | European Productivity Conference, EPC 2007 |
Subtitle of host publication | 10th National Productivity Forum |
Pages | 121-125 |
Publication status | Published - 2007 |
MoE publication type | B3 Non-refereed article in conference proceedings |
Event | European Productivity Conference, EPC 2007: 10th National Productivity Forum - Žilina, Slovakia Duration: 23 Nov 2007 → 25 Nov 2007 |
Conference
Conference | European Productivity Conference, EPC 2007 |
---|---|
Country/Territory | Slovakia |
City | Žilina |
Period | 23/11/07 → 25/11/07 |
Keywords
- Future
- manufacturing
- industry
- Europe