Abstract: The semiconductor industry demonstrates a challenge to globalization, a concept that dominated strategy in manufacturing since the early 1990s. In 2023 the semiconductor industries in Asia, the USA, and Europe were facing large-scale supply shortages and long-term competitive changes. The semiconductor industry had grown to be a truly global industry since its beginnings in…
Continue readingWhy did Finland lose its competitiveness from 2007 to 2017?
Abstract: The aim of this research is to investigate the factors to explain Finland’s loss of competitiveness from 2007 to 2017 by utilizing the World Economic Forum’s global competitiveness index framework.
Continue readingWhy do two oil and gas rich countries differ in their competitiveness? A comparative study of Norway and Russia
Abstract: The aim of this research is to investigate the differences in the competitiveness of Norway and Russia, two oil and gas rich countries, with the aid of the global competitiveness index 4.0 framework.
Continue readingThe competitiveness of Norway and its challenges
Abstract: This case addresses the competitiveness of Norway and its challenges. Thanks to the discovery of oil & gas on the Norwegian continental shelf in 1969, Norway’s economy prospered to become the sixth richest in the world in terms of gross domestic product (GDP) per capita.
Continue readingTurkey and Turkish Airlines: Facing challenges of competitiveness
Abstract: This case addresses the recent competitiveness challenges that Turkey and Turkish Airlines are struggling with. The real GDP growth per annum in Turkey slowed down from 6.1% in 2015 to 3.2% in 2016, and the Turkish Lira devaluated by more than 40% from July 2016 to December 2017.
Continue readingChallenges facing Taiwan, the Asian Tiger
Abstract: Taiwan emerged as an Asian Tiger from being a poor country with limited resources in the 1950s to become a major technology hub in the 2000s. Today the newly elected President Tsai Ing-wen faces a number of challenges.
Continue readingMultiple faces of competitiveness and the paradoxical case of Finland
Competitiveness is a highly debated topic in many forums, both academic and professional. The declining competitiveness of Finland has been a hot potato between Finnish politicians and trade unions, resulting in the famous “competitiveness agreement” requiring employees to work three extra days per year.
Continue readingHard times in Europe
Who could have predicted the turmoils and problems that the old Europe has had to face during the past five years? Politicians at least have had their hands full of work in trying to navigate through the internal and external challenges of the multinational community.
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Six questions for SME managers to enhance competitiveness
Most of the SME managers know that they need to enhance marketing orientation in their company in order to create competitive advantage and thus, enhance the financial success. The difficulty, however, is how to do it?
Continue readingBenchmarking competitiveness and innovation performances in two information technology clusters from Finland and Turkey
The article benchmarks the competitiveness and innovation performances of two information technology clusters from Finland and Turkey. It is interesting to observe that while the Finnish cluster is more competitive, the innovation performances of the clusters are the same.
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