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Industry 4.0 will upgrade Germany's industrial capabilities. With trade flows becoming increasingly internationally interlinked, automation, more flexible processes as well as horizontal and vertical integration are becoming more important features in a modern, competitive production structure....
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There has been a growing concern of developing industrial clusters in developed nations and emerging economies in the past two decades to strengthen economic growth and development. The concept of properly organised industrial clusters has not yet been heavily implemented in developing nations,...
Persistent link: https://www.econbiz.de/10012979647
Industrial development is necessary for higher standard of living of people. It is need of every state in India, to achieve the economic prosperity of peoples/society, various studies reveals that infrastructure is necessary for industrial development. It is also necessary to make plan for...
Persistent link: https://www.econbiz.de/10012984740
Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability. The manufacturing industries and firms that make...
Persistent link: https://www.econbiz.de/10013235845
Analysis of data on employment, earnings, and the number of business establishments engaged in U.S. manufacturing finds that:In Metropolitan areas, especially large metropolitan areas and central metropolitan counties, contain the great majority of manufacturing jobs and nearly all very...
Persistent link: https://www.econbiz.de/10013235846
As new technologies such as artificial intelligence, robot technology and 3D printing are being used more widely, next-generation smart manufacturing technology is expected to take the lead in the innovation of the manufacturing industry.The National Intelligence Council of the United States has...
Persistent link: https://www.econbiz.de/10014240804
In this scooping paper on the Tunisian economy we review the historical background of the economy which has undergone substantial structural change since independence in 1956. In particular we emphasize that past record of consistent growth has often masked inequality, regional disparities and...
Persistent link: https://www.econbiz.de/10010337616
The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The...
Persistent link: https://www.econbiz.de/10010233106