Only a decade ago, information and communication technologies (ICT) were drivers of growth. ME was regarded as a high- to medium-tech industry and considered to be lagging behind. This has changed markedly in the era of globalization. In contrast to ICT, which since its early days has been strong in the exploitation of advantages from global production networks, ME has turned out to be a less mobile industry. The relocation of manufacturing production has been less pronounced and has contributed to a better track record in workplaces in developed countries. There are comparative advantages for the EU due to its.
