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RFID chips: enabling the efficient exchange of information

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Author Info
Heng, Stefan

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Abstract

More and more companies are using RFID radio chip technology to boost their competitiveness. Yet RFID not only enhances the efficiency of the company deploying it. It also promotes innovativeness in the economy as a whole. Nevertheless, not every RFID project driven by a technological vision will necessarily become a commercial success for the user. In any event, though, RFID will enable producers to tap sizeable potential. Considering the host of potential application areas – particularly in production, the distributive trade and the transport industry – RFID turnover is likely to increase. With the shift in market shares for individual RFID components and the exodus of production of less sophisticated products from the high-wage countries, Asia is poised to become the continent with the highest turnover.

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File URL: http://mpra.ub.uni-muenchen.de/13646/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13646.

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Date of creation: 06 Feb 2009
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Handle: RePEc:pra:mprapa:13646

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Related research
Keywords: RFID; technology; transportation; logistics;

Find related papers by JEL classification:
P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Linkages
L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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This page was last updated on 2009-11-29.


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