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The environment improved slowly in the 1920s and '30s; after World War II there was a large building program and industrial diversification, but the chemical industry is still important.
Under such policies, Latin America became a veritable hothouse of industrial diversification.
Priority areas include foreign direct investment, industrial diversification, infrastructure and human capital, fiscal consolidation, and social protection".
More recently, industrial diversification added engineering, including Rolls-Royce at Barnoldswick, and the manufacture of furniture, carpets, and plastics.
Industrial diversification also depended on a skilled workforce, whose numbers were enhanced through a tradition of innovative vocational training.
The results indicate that investor dynamic capabilities related to cumulative experience and industrial diversification vary significantly across renewable energy subsectors.
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Besides, adjustment of the industrial structure, diversification of the industries, economic stability improvement, introduction of advanced management experience, technological innovation, product value improvement, and promotion of creativity should all be encouraged.
Secondly, patent data enable to distinguish between different kinds of corporate technology coherence: whereas health industry adopt conglomerate biotechnological diversification, industrial biotechnology corporations adopt a more coherent technology diversification enabling innovation and (dynamic) efficient growth.
The varieties of capitalism literature has drawn little attention to industrial renewal and diversification, while the related diversification literature has neglected the institutional dimension of industrial change.
NB: We are not limiting industrial development and diversification opportunities; each phase of Petronia's development caters to a different type of stakeholder, each with their own demand and own home base.
Because of its industrial and geographic diversification, analysts say, the company is well positioned to withstand the current weakening of the economy.
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