The future of the manufacturing industry in Europe

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientific

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
Title of host publicationEuropean Productivity Conference, EPC 2007
Subtitle of host publication10th National Productivity Forum
Pages121-125
Publication statusPublished - 2007
MoE publication typeB3 Non-refereed article in conference proceedings
EventEuropean Productivity Conference, EPC 2007: 10th National Productivity Forum - Žilina, Slovakia
Duration: 23 Nov 200725 Nov 2007

Conference

ConferenceEuropean Productivity Conference, EPC 2007
CountrySlovakia
CityŽilina
Period23/11/0725/11/07

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Keywords

  • Future
  • manufacturing
  • industry
  • Europe

Cite this

Kuivanen, R. (2007). The future of the manufacturing industry in Europe. In European Productivity Conference, EPC 2007: 10th National Productivity Forum (pp. 121-125)