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 New study from the University of Halle: How climate change alters plant growth
12.01.2018 | Martin-Luther-Universität Halle-Wittenberg

nachricht Disarray in the brain
18.12.2017 | Universität zu Lübeck

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: Optical Nanoscope Allows Imaging of Quantum Dots

Physicists have developed a technique based on optical microscopy that can be used to create images of atoms on the nanoscale. In particular, the new method allows the imaging of quantum dots in a semiconductor chip. Together with colleagues from the University of Bochum, scientists from the University of Basel’s Department of Physics and the Swiss Nanoscience Institute reported the findings in the journal Nature Photonics.

Microscopes allow us to see structures that are otherwise invisible to the human eye. However, conventional optical microscopes cannot be used to image...

Im Focus: Artificial agent designs quantum experiments

On the way to an intelligent laboratory, physicists from Innsbruck and Vienna present an artificial agent that autonomously designs quantum experiments. In initial experiments, the system has independently (re)discovered experimental techniques that are nowadays standard in modern quantum optical laboratories. This shows how machines could play a more creative role in research in the future.

We carry smartphones in our pockets, the streets are dotted with semi-autonomous cars, but in the research laboratory experiments are still being designed by...

Im Focus: Scientists decipher key principle behind reaction of metalloenzymes

So-called pre-distorted states accelerate photochemical reactions too

What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...

Im Focus: The first precise measurement of a single molecule's effective charge

For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.

Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...

Im Focus: Paradigm shift in Paris: Encouraging an holistic view of laser machining

At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.

No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

10th International Symposium: “Advanced Battery Power – Kraftwerk Batterie” Münster, 10-11 April 2018

08.01.2018 | Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

 
Latest News

Physicists have learned to change the wavelength of Tamm plasmons

24.01.2018 | Physics and Astronomy

When the eyes move, the eardrums move, too

24.01.2018 | Health and Medicine

Deaf children learn words faster than hearing children

24.01.2018 | Health and Medicine

VideoLinks Science & Research
Overview of more VideoLinks >>>