This paper provides new evidence for the servitization of European manufacturing – the trend that manufacturing firms increasingly offer services along with their physical products. We employ input-output data as well as data from a company survey to give a comprehensive picture of...

In the modernisation of production processes, German and American firms stress different aspects: a greater number of German enterprises strategically favour technology and innovation and the adaptation of products to customers' specifications. The US firms prioritise more frequently the quality...

For quite some time it seemed the trend towards high automation in the wage-intensive German economy showed no signs of slowing down. However, in practice it turns out that more than a third of companies which have chosen automated solutions have not had their expectations fulfilled. Many of...

On all levels of economy and society innovations are perceived as key success factor to economic growth and employment. Often it reads as follows: Increased research and development generates technologically innovative products, enabling companies to achieve competitive advantages and gain...