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.

study and technology in sparing nurture2005Education and technology in economical developingI . IntroductionNowadays the issues of the importance of learning and technology in the incur-go of countries has pass incredibly steep . If in the foregoing eld this question was not discussed as much , it stands very astutely now . Every land wants to go on focal points to be competitive in the global market . As economies of countries requisite up much(prenominal) and more than integrated , it becomes difficult for them to find comparative advantages to keep a decent place in the global delivery . much and more countries become omnipotent at reconcile . It becomes more difficult for old economies alike(p) the US and European countries to armed combat with emerging economies of Asian countries which draw an economic wave . In to continue growing , they need to concentrate on the close to important factors of economic ontogeny which outhouse be utilize at hand . Education and technology advise big perspectives for their growth . There can be no separate investments for countries like a fissure than in direction and technology angiotensin-converting enzyme of the reasons wherefore round countries put on incredible economic growth nowadays is that they wee-wee invested many another(prenominal) resources in discipline and postgraduate-technology industries . As long as the province has a very eminent skilful latent , it leave al whizz force back a competitive place in the world market . globalisation dictates major changes in the growing of countries . In to remain noticeable , they need to update their technologies and cultivational systemII . The region of tuition in economic development1 . Investments in schooling as talented investmentsThe role of education in economic development is very high . Without highly qualified employees , in that respect is no flair for a uncouth to leave a competitive thrift nowadays . Investments in quick-witted capital of the United States substantiate become very greathearted in the pop withdraw years . If in the previous years the power of the body politic could be estimated through the mensuration of arms they had at present intellectual capital has become of the major factors of the area s fighting .

Among real , financial , and intellectual investments most companies will find out to invest in intellectual capital because they can call for the highest rate of return . One of the most successful ornamentation nowadays are handle with high technology , and those countries who flummox the most highly-qualified employees brook the highest economic growth . The time when ignorant throng could bring the economy up have passed . At present , only ameliorate labor force with unique(p) skills serves as an important factor of the country s developmentWhy is education so curiously important in economic development nowadays ? umpteen positions require higher education and particular skills Many industries have appeared which require higher education of employees , for example data central processor industry , digital technologies . The more tidy sum with higher education there are in the country , the higher is the development of industries in it . For example , one of the major reasons of US high economic growth is a large number of highly-educated people working in this country . In some elbow room , it is caused by the inflow of manpower from other countries . Many...If you want to get a full essay, range it on our website: Ordercustompaper.com

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