Spanish Industrial Evolution and Regional Development
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The Spanish Industry Today
In 1986, the Law for the Promotion and Coordination of Scientific and Technical Research was approved. In 1988, the first National Plan for Scientific Research and Technological Development was launched. Since the accession to the EU, the technological deficit has increased. New technology investment is highly concentrated from sectoral and enterprise points of view.
Small and Medium Enterprises (SMEs)
Small and medium enterprises currently account for 90% of the industrial fabric, 60% of secondary sector employment, and 22% of Spanish exports. Public enterprise drives the Spanish industrialization effort across all sectors despite the strategic deficit. Multinational companies represent about 37% of manufacturing production... Continue reading "Spanish Industrial Evolution and Regional Development" »