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Restructuring of Estonian Manufacture Under Global Financial and Economic Crisis

Restructuring of Estonian Manufacture Under Global Financial and Economic Crisis
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摘要 Manufacturing enterprises operate increasingly more in international networks and value chains. They locate procurement, production, distribution, marketing, sales, and servicing in different countries across the world. They perform every operation where the price-quality ratio is best. Success of advanced industrial countries is based on specialization in profitable, high-value-added activities. Incomes of the participations in the world economy are most influenced by whether and how they can find a niche in the high-value-added branches and value chains. The structure of Estonian manufacture in 2008 was out-of-date and required cardinal and fast changes toward greater value-added. The international financial and economic crisis, starting in 2008, provided structural changes with an exceptionally good chance.
出处 《Management Studies》 2014年第6期400-410,共11页 管理研究(英文版)
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