Biotechnology

Executive Summary After doing extensive research as to where to answer up our future europiuman office it is recomm discontinueed that our company should situate up in Munich. Germany is a key player in the globalization, economic, and political development of Europe. Germany is also located in the meat of Europe. Munich has nearly 300 companies focusing mainly on biotechnology & pharmaceuticals. Munich also has strong institutions that protect intellectual airplane propeller and the regulatory expertise relating to product launches &financing. This combination of reality class research institutions & intellectual property testimonial mechanisms have led Germany to rank as the 3rd surface area with most biotechnology patents. (1)An advantaged of setting up an office in Germany is the US an German relationship. U.S.-German relations have been a central point of American involvement in Europe since the end of World War II. Germany stands at the center of European personal matters and is a key partner in U.S. relations with Europeans in NATO and the European Union.(3) As allies in NATO, the fall in States and Germany rifle side by side to maintain peace and freedom. Germany has Europes largest market, high levels of productivity, highly skilled, labor force, quality technology and stable infrastructure.

(4)  Although there are many incentives to invest and or locate in Munich, there have been obstacles unique to the German culture for companies to succeed. One example would include the difficulty to plight internationally and the limiting business mindsets. Current legislation in Germany creates barriers to hiring international workers. The national labor laws require that companies must ask for employees in its region prior to international evaluation of recruits. The take sequence step causes higher human resource cost and time. Recruitment is further limited to the region by a culture of people who rarely move, in contrast to the United States where people relocate for work regularly.... If you want to get a full essay, order it on our website: Ordercustompaper.com

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