Global industrial restructuring
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2021-09-14 16:55
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CIOBANU, Elena. Global industrial restructuring. In: International Conference of Young Researchers , 6-7 noiembrie 2008, Chişinău. Chişinău: Tipogr. Simbol-NP SRL, 2008, Ediția 6, p. 140. ISBN 978-9975-70-769-5.
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International Conference of Young Researchers
Ediția 6, 2008
Conferința "International Conference of Young Researchers "
Chişinău, Moldova, 6-7 noiembrie 2008

Global industrial restructuring


Pag. 140-140

Ciobanu Elena
 
 
 
Disponibil în IBN: 25 mai 2021


Rezumat

The world economy scene is changing quickly -driven by constantly emerging, rapidly spreading new technologies that are changing the relationships between enterprises and other entities and influencing how enterprises are organized and managed. Industrial competitiveness does not result from merely opening economies to global trade, investment and technology flows—though, if done carefully, that can be important. To develop those technological capabilities, countries have to acquire enterprisespecific knowledge, skills and practices through a deep learning process. This process can be slow and difficult. Depending on the country and the technology, it can involve heavy costs and great risks and uncertainties. Capability development takes place primarily in enterprises. They need a variety of inputs from markets, institutions and other enterprises to build and strengthen capabilities. These inputs—including finance, skills, machines, information and technical knowledge—have to keep pace with rapid technical change and intense competition. The policy challenge for developing countries is to foster dynamic competitiveness. The complexity of the capability building process varies by industry. It also varies by a country’s level of industrial development [1]. Industrial restructuring should be performed by the state through its industrial policy and should be fostered at the level of each industrial enterprise. The flexibility to any change in economic environment is assured by financial resources giving the possibility to perform well on-going operations engaged in. Newest trends appeared in industrial development tend to maximize intellectual value added in different branches, to develop new technologies for improving production processes and increasing the output. Hard competition nowadays imposes restructuring as a condition for surviving.