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The Future Is Today

Author

Listed:
  • Adriana Radan UNGUREANU

    (Department of International Economics and Business, Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

In 2010 the European Competitiveness Report showed some insights about the importance of the five key enabling technologies which are nanotechnology, biotechnology, micro-systems, advanced materials and photonics, emphasising the role of these technologies for a country’s competitiveness. European reports mentioned later six key enabling technologies, the number increased by adding a new one: advanced manufacturing systems. In a short time, the advances of technology generate faster growing and open new industrial directions that are difficult to predict. This paper focuses on a summary case study about the advanced manufacturing systems enabled by key enabling technologies trying to point out their importance for the value chain. Some experiences showed by European reports could inspire beginner countries like Romania. Even if the Romanian reality reflected by some statistical data is not optimistic, there is a very ambitious plan for next years to implement politics for setting key enabling technologies.

Suggested Citation

  • Adriana Radan UNGUREANU, 2014. "The Future Is Today," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 417-424, July.
    • Handle: RePEc:cmj:seapas:y:2014:i:4:p:417-424
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    More about this item

    Keywords

    KET’s; Advanced Manufacturing Systems; Technology; Industry;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L69 - Industrial Organization - - Industry Studies: Manufacturing - - - Other

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