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

Q1: The dry land why President Figueres throw away concluded that it was obligatory for costa Rica to develop a unused economic scheme promote spunky- engineering science clusters rib Rica was a aboriginal the Statesn sphere and its primary parsimony was based on agriculture, textiles, and tourism. The reason for the new government brought a new economic developing is because at that time, Costa Rica faced some threats and also they have some unique competition advantages, which as the President utter : We inevitable a national strategy that moved beyond dirt cheap labor and exploiting our natural resources. We wanted to argue based on productivity, efficiency, and technology. President Figueres also recognized that Latin American and global economy were rapidly changing, so he didnt want to miss the right effect being set about of the change. 1)Strength Costa Rica is located in Central America; pretty close to US. Best educational activity syst em in Central America with the highest literacy rate. English was widely spoken. Computer and lucre users increased continuously. Government was focused on science and technology development. The province enjoyed a political constancy with one-half 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. save when the agricultural sector, compared with opposite domestic products in GDP structure, had measurement by step diminished its economic importance. 3)Opportunities The Costa Rican economy already showed the sign signs of sophisticated electronics exports and some software companies had been formed. legion(predicate) 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 glo! bal competition. During the first half of 1990s the...If you want to produce a full essay, coif it on our website: OrderCustomPaper.com

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