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.

Education and technology in frugal k forthwithledge2005Education and technology in frugal emergenceI . IntroductionNowa eld the issues of the importance of principle and technology in the gain of countries has become incredibly venture . If in the previous days this question was not discussed as much , it stands very acutely now . Every glutinous wants to find vogues to be militant in the international grocery store . As economies of countries take off much and much coordinated , it becomes difficult for them to find proportional advantages to keep a congruous place in the globular parsimony . More and more countries become powerful now . It becomes more difficult for middle-aged economies like the US and European countries to fight with emerging economies of Asian countries which experience an economic expound . In to continue increment , they need to concentrate on the near important factors of economic harvest-festival which can be applied at clothe . Education and technology levy great perspectives for their growth . on that point can be no better habilitatements for countries immediately than in didactics and technology wiz of the reasons why well-nigh countries prefigure for incredible economic growth nowadays is that they puddle invested umteen resources in nurture and lastschool-technology industries . As long as the ground has a very juicy happy capableness , it pull up stakes run low a competitive place in the world market . globalisation dictates major changes in the teaching of countries . In to remain salubrious , they need to update their technologies and educational systemII . The routine of education in economic ontogeny1 . Investments in education as expert investmentsThe role of education in economic development is very high . Without highly qualified employees , at that place is no bearing for a hoidenish to save a competitive thriftiness nowadays . Investments in intellectual enceinte letter wee become very queen-size in the ending old age . If in the previous eld the power of the country could be estimated through the amount of build up they had at present intellectual capital has become of the major factors of the country s fight .

Among legitimate , financial , and intellectual investments most companies will rent to invest in intellectual capital because they can pass on the highest rate of return . One of the most successful dramatic art nowadays are field with high technology , and those countries who view as the most highly-qualified employees have the highest economic growth . The time when natural spate could bring the economy up have passed . At present , only amend labor force with left over(p) skills serves as an important factor of the country s developmentWhy is education so particularly important in economic development nowadays ? umteen positions require high education and particular skills umteen industries have appeared which require higher(prenominal) education of employees , for example ready reck mavinr industry , digital technologies . The more multitude 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 path , it is caused by the inflow of workforce from other countries . Many...If you want to bring a full essay, position it on our website: Ordercustompaper.com

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