strategy

Sustaining industrial innovation

Synonyms:
Increasing technical innovation
Requiring innovation of techniques
Demanding development of new tools
Sustaining requirement for new industrial techniques
Maintaining continual demand for technical innovation in industry
Initiating technological innovation
Providing innovative power
Engaging in technical development
Improving industrial design
Context:
Technological innovations that have reduced the costs of transport and communications, together with the dismantling of trade barriers over the last decade of the 20th century, led to accelerated growth in global trade. In 2000, world trade volumes increased by around 12.5 percent, the highest rate of growth since before the first oil shock of the 1970s. Most developed countries and many developing countries boosted export and GDP growth over the 1990s. However, the world's poorest countries, especially those torn by conflict in Africa, have not kept pace and, in fact, economic growth is gradually falling.
Subjects:
Energy
Maintenance
Industry
Metal products
Technology
Technical
Development
Reform
Design
Type Classification:
D: Detailed strategies