Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Micro- and nanotechnology companies to raise staff numbers again

28.02.2011
Skills shortage particularly concerns German companies

The latest economic data survey of the IVAM Microtechnology Network confirms how well the microtechnology, nanotechnology and advanced materials industry in Europe has recovered from the economic and financial crisis.

The companies want to hire more employees again, their sales have risen strongly, they are aiming for new overseas markets and looking out on the new business year with confidence. However, skills shortage and a persistent difficulty to raise capital may eventually restrict the industry’s growth.

According to the survey conducted in January 2011, 60% of the mostly small and medium-sized companies intend to hire new staff during the year 2011. This means that the positive post-crisis trend, which has made itself felt in 2010 already and which can be observed in other industries as well, will continue in 2011. While in 2009 only 26% of companies reported an increase in the number of employees, no less than 44% have hired new staff in 2010.

Turnover jumps – export remains stable
Almost half of the companies (47%) increased their turnover by more than 10% as compared to the previous year. The positive trend in sales is to continue in 2011, according to industry forecasts, though not quite as strongly as it did in 2010.

The industry’s export quota has remained more or less stable in 2010 compared to the previous year. A quarter of the companies have gained more than 75% of their turnover from exports. Half of the export transactions take place within Europe. Germany continues to be the most important export market for the companies in other European countries, followed by the U.S. and China. German high-tech companies export mainly to the United States, China and Switzerland.

Prospects on 2011 are fine
Good prospects for the new fiscal year: nearly two-thirds of the European micro- and nanotechnology companies expect that their business will continue to improve during 2011. Especially orders, production and sales figures are supposed to rise explicitly. But the companies also want to surpass last year’s export and investment figures.
Industry addresses skills shortage by itself
It seems that the shortage of skilled workers has not made itself fully felt in the microtechnology, nanotechnology and advanced materials industry, yet. Almost 40% of the companies in Europe say that the skills shortage is no pressing issue for them now, nor do they expect to be affected by the shortage during the next five years. In general, the companies in Germany are more sensitive to the issue of skills shortage than those in most European neighbour countries. In Germany, 64% of companies expect that they will be affected by the shortage by 2015. Those companies who feel the skills shortage are particularly short of specialists with academic and technical skills for product development and R&D.

For the time being, it is up to the companies to find appropriate solutions, as any measures discussed by political bodies – like facilitating migration, raising the retirement age, expanding child care or enhancing the quality in education – will not be effective in the short term. A little more than 60% of the affected companies have already taken measures to counteract the skills shortage. These measures include increasing the number of training and graduate positions, conducting appraisals or satisfaction surveys, or granting specific and individual on-the-job training attuned to the needs of the company.

Funding gaps remain
Although the financial crisis has been officially declared to be overcome, it remains difficult for the European high-tech companies to get sufficient financial means to invest in their own business and new developments and ultimately to boost the economic growth. Financing has become more difficult in the past two years for about 40% of companies. Bank loans, in particular, are hard to come by, as many banks have increased the barriers to lending and are taking longer to process requests. But funding opportunities have gone down in the last two years, too. Again, the companies complain about higher obstacles for application and the fact that programs were terminated.

However, it seems that the funding gaps do not curtail the possibilities and willingness of companies to invest in new developments too much. The R&D investments have gone up in nearly 40% of companies in 2010. In 2011, 43% of companies want to spend more on R&D than in the previous year.

Mona Okroy | idw
Further information:
http://www.ivam.de

More articles from Studies and Analyses:

nachricht Drone vs. truck deliveries: Which create less carbon pollution?
31.05.2017 | University of Washington

nachricht New study: How does Europe become a leading player for software and IT services?
03.04.2017 | Fraunhofer-Institut für System- und Innovationsforschung (ISI)

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Can we see monkeys from space? Emerging technologies to map biodiversity

An international team of scientists has proposed a new multi-disciplinary approach in which an array of new technologies will allow us to map biodiversity and the risks that wildlife is facing at the scale of whole landscapes. The findings are published in Nature Ecology and Evolution. This international research is led by the Kunming Institute of Zoology from China, University of East Anglia, University of Leicester and the Leibniz Institute for Zoo and Wildlife Research.

Using a combination of satellite and ground data, the team proposes that it is now possible to map biodiversity with an accuracy that has not been previously...

Im Focus: Climate satellite: Tracking methane with robust laser technology

Heatwaves in the Arctic, longer periods of vegetation in Europe, severe floods in West Africa – starting in 2021, scientists want to explore the emissions of the greenhouse gas methane with the German-French satellite MERLIN. This is made possible by a new robust laser system of the Fraunhofer Institute for Laser Technology ILT in Aachen, which achieves unprecedented measurement accuracy.

Methane is primarily the result of the decomposition of organic matter. The gas has a 25 times greater warming potential than carbon dioxide, but is not as...

Im Focus: How protons move through a fuel cell

Hydrogen is regarded as the energy source of the future: It is produced with solar power and can be used to generate heat and electricity in fuel cells. Empa researchers have now succeeded in decoding the movement of hydrogen ions in crystals – a key step towards more efficient energy conversion in the hydrogen industry of tomorrow.

As charge carriers, electrons and ions play the leading role in electrochemical energy storage devices and converters such as batteries and fuel cells. Proton...

Im Focus: A unique data centre for cosmological simulations

Scientists from the Excellence Cluster Universe at the Ludwig-Maximilians-Universität Munich have establised "Cosmowebportal", a unique data centre for cosmological simulations located at the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences. The complete results of a series of large hydrodynamical cosmological simulations are available, with data volumes typically exceeding several hundred terabytes. Scientists worldwide can interactively explore these complex simulations via a web interface and directly access the results.

With current telescopes, scientists can observe our Universe’s galaxies and galaxy clusters and their distribution along an invisible cosmic web. From the...

Im Focus: Scientists develop molecular thermometer for contactless measurement using infrared light

Temperature measurements possible even on the smallest scale / Molecular ruby for use in material sciences, biology, and medicine

Chemists at Johannes Gutenberg University Mainz (JGU) in cooperation with researchers of the German Federal Institute for Materials Research and Testing (BAM)...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Plants are networkers

19.06.2017 | Event News

Digital Survival Training for Executives

13.06.2017 | Event News

Global Learning Council Summit 2017

13.06.2017 | Event News

 
Latest News

Study shines light on brain cells that coordinate movement

26.06.2017 | Life Sciences

Smooth propagation of spin waves using gold

26.06.2017 | Physics and Astronomy

Switchable DNA mini-machines store information

26.06.2017 | Information Technology

VideoLinks
B2B-VideoLinks
More VideoLinks >>>