Abstract
Manufacturing is a key factor in a country’s economic success. In manufacturing-oriented high-wage countries of Europe, Japan or South Korea it contributes to the largest share of exports and innovation. Skill shortages, volatility of markets and the urge to compete through innovation are major challenges for these countries. To cope with these challenges, ICT integration promises to increase productivity and shorten time-to-market. This chapter first gives an overview on the economic background of manufacturing, and subsequently outlines opportunities and challenges for high-wage countries. The third section outlines the vision of integrative production technology in the scope of the economic background and thus provides a framework for the subsequent chapters.
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Brecher, C., Özdemir, D., Weber, A.R. (2017). Integrative Production Technology—Theory and Applications. In: Brecher, C., Özdemir, D. (eds) Integrative Production Technology. Springer, Cham. https://doi.org/10.1007/978-3-319-47452-6_1
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DOI: https://doi.org/10.1007/978-3-319-47452-6_1
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