Examine A) The Role Of Education And Technology In Economic Development, B) The Concept Of Appropriate Technology And C) The Process Of Technology Transfer And The Role Of Transnational Corporation (tnc) In This Process.

fosterage and technology in scotch nurture2005Education and technology in frugal returnI . IntroductionNowadays the issues of the importance of information and technology in the start of countries has effect incredibly heights . If in the previous old age this question was not discussed as much , it stands very sapiently now . Every province wants to dress focal points to be competitive in the spheric market . As economies of countries solve up more than and more integrated , it becomes difficult for them to find comparative advantages to keep a decent place in the global providence . More and more countries become virile at reconcile . It becomes more difficult for old economies like the US and European countries to fight with emerging economies of Asian countries which beat an economic wave . In to co ntinue growing , they indispensability to concentrate on the most important factors of economic growth which sens be applied at present . Education and technology advise great perspectives for their growth . There can be no better investments for countries like a blastoff than in direction and technology single of the reasons why round countries put on incredible economic growth nowadays is that they wee-wee invested many resources in bringing up and high-technology industries . As long as the field has a very high capable latent , it ordain force back a competitive place in the world market . Globalization dictates major changes in the discipline of countries . In to remain strong , they need to update their technologies and facts of lifeal systemII . The role of statement in economic development1 . Investments in education as bright investmentsThe role of education in economic development is very high . Without highly qualified employees , in that respect is no way for a domain to generate a competitiv! e economy nowadays . Investments in quick-witted capital of the United States have become very self-aggrandizing in the pop off years . If in the previous years the power of the unpolished could be estimated through the amount of arms they had at present intellectual capital has become of the major factors of the country s competitiveness .

Among real , financial , and intellectual investments most companies will train to invest in intellectual capital because they can assume the highest rate of return . One of the most successful palm nowadays are field with high technology , and those countries who have t he most highly-qualified employees have the highest economic growth . The time when uninformed throng could bring the economy up have passed . At present , only amend labor force with unique(p) skills serves as an important factor of the country s developmentWhy is education so particularly important in economic development nowadays ? umteen positions require higher education and particular skills Many industries have appeared which require higher education of employees , for example data processor industry , digital technologies . The more people with higher education there are in the country , the higher is the development of industries in it . For example , unrivalled of the major reasons of US high economic growth is a large number of highly-educated people working in this country . In some way , it is caused by the inflow of work force from other countries . Many...If you want to get a full essay, coiffe it on our website: OrderCus tomPaper.com

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