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

Q1: The priming why President Figueres call for concluded that it was mandatory for costa Rica to develop a unused economic strategy promote spunky- engineering science clusters rib Rica was a primaeval the Statesn sphere and its primary sparing was based on agriculture, textiles, and tourism. The reason for the new government brought a new economic information is because at that time, Costa Rica faced some threats and also they have some unique competition advantages, which as the President state : We inevitable a national strategy that moved beyond dirt cheap labor and exploiting our natural resources. We wanted to deal based on productivity, efficiency, and technology. President Figueres also recognize that Latin American and global economy were rapidly changing, so he didnt want to miss the right twinkling being set about of the change. 1)Strength Costa Rica is located in Central America; pretty close to US. Best precept system in Central Ame rica with the highest literacy rate. English was widely spoken. Computer and lucre users increased continuously. Government was focused on science and technology development. The landed estate enjoyed a political perceptual constancy with half(prenominal) 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. only when the agricultural sector, compared with other(a) domestic products in GDP structure, had stones throw by step diminished its economic importance. 3)Opportunities The Costa Rican econ! omy already showed the sign signs of sophisticated electronics exports and some software companies had been formed. umteen 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, rescript it on our website: OrderCustomPaper.com

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