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

Q1: The lawsuit why President Figueres start out concluded that it was required for costa Rica to develop a unused economic schema promote spunky- engineering science clusters costa Rica was a profound the Statesn sphere and its primary thriftiness was based on agriculture, textiles, and tourism. The reason for the new government brought a new economic ripening is because at that time, Costa Rica faced some threats and also they have some unique competition advantages, which as the President say : We inevitable a national strategy that moved beyond dirt cheap labor and exploiting our natural resources. We wanted to manage 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 significance being set about of the change. 1)Strength Costa Rica is located in Central America; pretty close to US. Best gentility system in Cen tral 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 republic 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. still when the agricultural sector, compared with some other domestic products in GDP structure, had whole step by step diminished its economic importance. 3)Opportunities The Costa Rican economy already showed the sign signs of sophi sticated electronics exports and some softwa! re companies had been formed. many another(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, consecrate it on our website: OrderEssay.net

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