Development of Economic Competitiveness in Industrial Business
Journal Title: RECENT - Year 2010, Vol 11, Issue 29
Abstract
Sustainable economic growth and improving living standards of the population are determined by the development of economic competitiveness in the context of global challenges (economic globalization, open international markets, rapid technological change), challenges which must be transformed into opportunities for the Romanian economy. Labour productivity in industry has had an upward trend due to both decrease the number of staff employed, and as a result of investments for modernization and manufacturing flows better organization of work, based on better management. The concept of industrial policy aims at improving competitiveness by boosting performance of companies, focusing on horizontal policies that affect all industry sectors, namely: innovation, new technology and processing equipment, professional skills, education and training, business management.
Authors and Affiliations
Luciana STAN
Keywords
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