Connecting co-sourcing and co-production
Humour n° -
Published : Sunday 01 January 2012 - Jean-Louis Levet
Published : Sunday 01 January 2012 - Jean-Louis Levet
EU investments in activities of the future, like the digital domain, nanotechnology, biotechnology, and renewable energy, can be useful for these countries in the long term, always with a partnership approach.
The strong points of European specialization could provide a hotbed for identifying potential industrial channels to build up and make the object of long-term partnerships.
In this perspective, co-sourcing boils down to co-production which, in both North and South, involves companies from the countries concerned. Co-sourcing and co-production are therefore connected.
The geographical and cultural proximity that comes from belonging to the same region fosters the interaction, short distribution channels, understanding and trust at the root of this new productive partnership.
Jean-Louis Levet, Economist.