European Commission opts for Industrial Revolution 2.0

Recent decades have been the years of outsourcing. Not only did companies outsource traditional cheap production towards more interesting markets, companies also outsourced most of their ICT and knowledge-based services towards cheaper countries. During recent years, many organisation have also outsourced their innovation departments and knowledge-intensive research and development branches towards countries in the Far East and Brazil. No longer does the Europe have the competitive advantage of being an innovative leader.

The Lisboa targets have been losing importance because of these trends; seemingly enough reason for the European Commission to launch a new goal: Industrial Revolotion has to be re-enforced.

Will this “Industrial Revolution 2.0” become a realistic scenario?

More information: Europese Unie

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