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However, Germany's success is based on more than being in the right industries at the right time.
THE collapse in the oil price is a useful reminder for investors that it helps to pick the right industries.
Their collective brainstorm: The market cannot be trusted to allocate resources to the right industries, so we need to get the government involved in the process.
Director Richard Kerr says future growth lies in food for export, but the focus had to be on the right industries.
So the shipping port can still be made to work if they can get the right industries to invest in it". Sri Lanka's debt situation is severe.
But at any rate, the current national economy heavily favors — as explains Enrico Moretti, another economist — a handful of cities with the "right" industries and deep pools of well-educated workers who can compete for jobs with high wages.
Similar(51)
"We're in the right industry".
"I joined the right firm in the right industry," he said.
Well, you've certainly found the right industry and the right town for you.
Did you become a successful entrepreneur simply by picking the right industry?
"The Nokia board believes that Stephen has the right industry experience and leadership skills to realize the full potential of Nokia," he added.
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CEO of Professional Science Editing for Scientists @ prosciediting.com