Case study: Building a cluster: Electronics and Information Technology in Costa Rica

Q1: The debate why President Figueres cede concluded that it was mandatory for costa Rica to develop a unused economic outline promote spunky- engineering science clusters costa Rica was a primordial the Statesn sphere and its primary deliverance was based on agriculture, textiles, and tourism. The reason for the new government brought a new economic increment is because at that time, Costa Rica faced some threats and also they have some unique competition advantages, which as the President tell : We inevitable a national strategy that moved beyond dirt cheap labor and exploiting our natural resources. We wanted to compete based on productivity, efficiency, and technology. President Figueres also know that Latin American and global economy were rapidly changing, so he didnt want to miss the right upshot being set about of the change. 1)Strength Costa Rica is located in Central America; pretty close to US. Best tuition system in Central America with the highest literacy rate. English was wide spoken. Computer and lucre users increased continuously. Government was focused on science and technology development. The demesne enjoyed a political stability with fractional a century of peace and democracy. 2)Weakness A country with provided 3.5 million inhabitants and a narrow domestic market.

Agriculture was Costa Ricas primary economy in early 1990s. alone when the agricultural sector, compared with different domestic products in GDP structure, had beat by step diminished its economic importance. 3)Opportunities The Costa R ican economy already showed the sign signs ! of sophisticated electronics exports and some software companies had been formed. many a(prenominal) IT companies outsourced to Southeast Asia and right off these companies are searching for other potential manufacturing locations. 4)Threat There was high inflation rate in the first half of the 1990s. veneering the challenges of global competition. During the first half of 1990s the...If you want to produce a full essay, ordination it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper