In the modernisation of production processes, German and American firms stress different aspects: a greater number of German enterprises strategically favour technology and innovation and the adaptation of products to customers' specifications. The US firms prioritise more frequently the quality...

For quite some time it seemed the trend towards high automation in the wage-intensive German economy showed no signs of slowing down. However, in practice it turns out that more than a third of companies which have chosen automated solutions have not had their expectations fulfilled. Many of...

On all levels of economy and society innovations are perceived as key success factor to economic growth and employment. Often it reads as follows: Increased research and development generates technologically innovative products, enabling companies to achieve competitive advantages and gain...

The share of knowledge-intensive services and products in total output and demand and in the production of advanced, but also less advanced or emerging economies, has steadily increased over time and especially so for the knowledge-intensive services. This 'quaternization' of the economies not...