European Manufacturing Landscape : The Creation of a Composite Capability Index For Future Manufacturing in Europe

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This thesis explores the aspects considered by the European Commission to be of key importance to the Future of Manufacturing in Europe. The areas selected for study are Workforce, Research & Development, and Operating Environment for Innovation. Furthermore, a methodology for measuring a country’s inherent capabilities within these areas is proposed and carried out for twenty-three European countries.Fifty indicators have been selected, and used to analyse the inherent capabilities of the countries at a country level, key area level, and finally at a composite capability index level.The resulting composite capability index enables the creation of a landscape or 'map' of Europe, highlighting countries which are outperforming and those which are underperforming in the areas considered to be important for the future of manufacturing.The resulting index has been compared with the European Innovation Scoreboard Summary Innovation Index (European Commission), the Growth Competitiveness Index (World Economic Forum) and the Lisbon Review Rankings 2004 (World Economic Forum), and there proves to be a strong correlation with all three.A brief discussion about the challenges associated with composite indices has been included.The thesis was carried out ...