Technology Sophistication and Industrial Diversification are the Key for Global Manufacturing Competitiveness

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Manufacturing is considered to be a driving force of any country’s economic development by creating more employments and social income. However, in this era of rapid technological change every country struggling to increase more market shares and to remain competitive in the international scene. In this study we tried to analyze the competitiveness of small countries and island economies by using United Nations Industrial Development Organization (UNIDO) methodology. Nevertheless, the study support the notion that while giant struggling to maintain their position the miniature are kicked out by rapid losing their manufacturing capability and hence decreasing the market share.

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2984-2989

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February 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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