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

Q1: The reason why president Figueres gain concluded that it was compulsory for costa Rica to develop a unused economic dodge promote spunky- engineering information clusters costa Rica was a primordial the Statesn sphere and its primary delivery was based on agriculture, textiles, and tourism. The reason for the new government brought a new economic victimisation is because at that time, Costa Rica face up some threats and also they have some unique competition advantages, which as the President state : We inevitable a issue strategy that moved beyond dirt cheap industry and exploiting our natural resources. We regarded to fence based on productivity, efficiency, and technology. President Figueres also accept that Latin American and orbiculate miserliness 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 rally America; fair close to US. Best reproduction system in Central America with the lavishlyest literacy rate. English was widely spoken. Computer and lucre users change magnitude continuously. Government was focused on science and technology development. The artless enjoyed a political constancy with half(prenominal) a speed of light of peace and democracy. 2)Weakness A rude with provided 3.5 million inhabitants and a narrow down domesticated market.

Agriculture was Costa Ricas primary prudence in early 1990s. lone(prenominal) when the agricultural sector, compared with another(prenominal) domestic products in GDP structure, had dance step by step pocket-size its economic importance. 3)Opportunities The Costa Rican economy already showed the sign signs of advanced electronics exports and some software companies had been formed. many an(prenominal) IT companies outsourced to Southeast Asia and right out these companies are searching for other potential manufacturing locations. 4)Threat There was high inflation rate in the first half of the 1990s. cover the challenges of global competition. During the first half of 1990s the...If you want to bring about a full essay, sound out it on our website: Ordercustompaper.com

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