2010 Global Manufacturing Competitiveness Index: Talent trumps all
According to this survey of manufacturing executives from around the world, highly skilled workers, scientists, researchers, and engineers are the top driver of the manufacturing competitiveness of nations. However, the need for low costs (in terms of both factors of production and structural costs) are still deemed critical to a nation’s manufacturing competitiveness. Energy also emerged as key; the report concludes that sustainability in the manufacturing sector could be the catalyst for a manufacturing renaissance in the United States, Japan, and Germany.
Full article below.