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Germany is a strong industrial nation with manufacturing contributing significantly to its economy. The country faces challenges including decarbonization, digitalization, and increased competition, especially in the automotive sector. Germany's automotive industry is vital to its economy,...
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This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...
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New patterns of globalisation are accelerating the internationalisation of industry and reshaping industrial structure at the global level. Rapidly growing cross-border mergers and acquisitions (M&As) and strategic alliances are distinctive features of globalisation in the current era. They have...
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This empirical analysis explores the impact of industrial robots on labour productivity using panel data of 17 Chinese industries from 2006 to 2021. The results reveal that the development of industrial robots significantly improves labour productivity; a series of robustness tests validate this...
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