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Production technology in high-wage countries - From ideas of today to products of tomorrow

 
: Klocke, F.

:

Schlick, C.M.:
Industrial engineering and ergonomics. Visions, concepts, methods and tools : Festschrift in honour of Professor Holger Luczak
Berlin: Springer, 2009
ISBN: 978-3-642-01292-1
pp.13-30
English
Book Article
Fraunhofer IPT ()

Abstract
Competition between manufacturing companies in high-wage and low-wage countries typically occurs within two dimensions: the production-oriented economy and the planning-oriented economy (BRECHER et al. 2007). Low-wage countries' productions economically compensate possible disadvantages within process times, factor consumption and process mastering by low productive factor cost. In contrast, companies in high-wage countries try to maximize the economies-of scale - that is, the utilization of the relatively expensive productivity factors. More and more unit cost disadvantages arise for high-wage countries, which they try to compensate through customizing and fast adaptations to market needs, economies-of-scope. The share of production within the value chain decreases more and more. Thus the realizable economies-of-scale decreases too. The escape into sophisticated niche markets is not promising, either.

: http://publica.fraunhofer.de/documents/N-323464.html