Innovation
Global Investor Focus, 02/2007 Credit Suisse
Global Investor Focus, 02/2007
Credit Suisse
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Why now?<br />
Logistics In the past, trade routes lay along difficult and dangerous<br />
tracks. This meant that goods manufactured at a distance were<br />
rare and precious. Nowadays a gigantic transport network spans<br />
the globe. Every day, tonnes of goods are conveyed in modular<br />
containers by air, truck, rail and on container ships. Technical<br />
progress makes it possible to increase the speed and efficiency of<br />
the flow of goods. In particular, automation allows better synchronization<br />
of processes at docks and depots. This not only saves<br />
time, but also expensive storage. On the other hand, climate taxes<br />
and increasingly scarce fossil fuel resources may well increase<br />
transport costs again. Renewable energy sources are therefore<br />
vital to the logistics sector.<br />
1200<br />
1250<br />
1300<br />
1350<br />
1400<br />
1450<br />
1490<br />
Photo: image100/Corbis<br />
The printing press<br />
Between 1450 and 1455,<br />
Johannes Gutenberg of<br />
Mainz, Germany, developed<br />
the printing press, with<br />
moveable type made<br />
of metal. Type for printing<br />
using woodblocks had<br />
already existed in China<br />
since 600 AD.<br />
Spectacles