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Facts and Figures

The most important scientific findings are, that your chances are dependent from your company size, working models are important for wage rates and that production systems of the region should be used.

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Here are some insights form the studies I selected for preparations:
- size however matters because smaller firms grow faster than larger ones
- the usual pattern you find in industrialized states is: industry, specialized companies and rural areas
- existing working models: benchmark model, work schedule model and non convex model
- while the first two have wage rates dependent from working hours, you won't find any hour dependent wage rates in the latter one
- the latter one is more dependent from immaterial values, making a unique selling proposition for example to the sole feature for higher return of investments
- the higher the need for adjustments, the higher the costs
- finding social partners is the first step to independencies from  governmental institutes
- the path for growth is inherent in the local production system
- reduction of working hours si a very popular policy to increase job vacancies
- the higher the investment, the lower the unemployment rate
- Literature: Roberta Piergiovanni, Emilio Domingez, Richard Rogerson

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