Competitive strength is determined nationally Sample Clauses

Competitive strength is determined nationally. Industrial production generally involves the use of technical equipment and raw materials that are available to everyone internationally. The main domestic factors that influence competitive strength are access to and the cost of qualified personnel, a well developed infrastructure in the form of transport facilities, regulatory systems and institutions, as well as access to world class research and development. In general, industrial enterprises operate from established facilities and have often made substantial investments in machinery and equipment, upon which a return has to be earned. Decisions on location, production and capital expenditure are made from a long-term perspective. Marketing factors are very important for decisions on where to establish facilities. This means that decisions on whether to establish or discontinue an industrial enterprise are generally one part of a long process and are only affected to a limited extent by factors of apparent relevance at the time. Whether a manufacturer or industry grows or fails is therefore determined largely by long-term conditions. In simple terms, it may be said that whereas industrial enterprises compete on international markets and with internationally determined prices, the competitive conditions are determined at a national level. For the Swedish economy and employment to make favourable progress, Swedish industry must be highly competitive internationally. It is important that the competitive strength of Swedish industry is based on a high level of competence among industrial employees and on the production processes and products being among the very best in their respective fields. The determination and drive of the employees to tackle new tasks, and to develop their competence and skills, are key factors in bringing about such a situation. This also creates an excellent opportunity to improve the real wages of industrial employees. A strong international competitive position depends on a further factor, namely, the ability of industry to attract highly qualified personnel.
Sample 1
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