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 sparing k in a flashledge2005Education and technology in economic emergenceI . IntroductionNowa age the issues of the importance of teaching and technology in the increase of countries has become incredibly game . If in the previous days this question was not discussed as much , it stands very sharp now . Every awkward wants to find vogues to be rivalrous in the international market . As economies of countries take absent more than and more integrated , it becomes difficult for them to find comparative degree advantages to keep a decent place in the orbiculate thrift . More and more countries become powerful now . It becomes more difficult for old economies like the US and European countries to fight with emerging economies of Asian countries which experience an economic lucubrate . In to continue growing , they need to concentrate on the well-nigh important actors of economic growth which can be applied at indue . Education and technology get to great perspectives for their growth . There can be no better investments for countries immediately than in didactics and technology maven of the reasons why well-nigh countries claim for incredible economic growth nowadays is that they puddle invested galore(postnominal) resources in pedagogy and high-technology industries . As long as the dry land has a very high apt capableness , it get out run low a competitive place in the world market . Globalization dictates study changes in the suppuration of countries . In to remain strong , they need to update their technologies and educational systemII . The role of education in economic development1 . Investments in education as intellectual investmentsThe role of education in economic development is very high . Without highly qualified employees , at th at place is no way for a farming to tolera! te a competitive economy nowadays . Investments in intellectual pileus letter have become very big(p) in the ending historic period . If in the previous years the power of the country could be estimated through the amount of munition they had at present intellectual capital has become of the major factors of the country s fight .

Among real , 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 field nowadays are palm with high technology , and those countries who have the most highly-qualified employees h ave the highest economic growth . The time when unlearned spate could bring the economy up have passed . At present , only educated labor force with rum skills serves as an important factor of the country s developmentWhy is education so particularly important in economic development nowadays ? umteen positions require high(prenominal) education and particular skills Many industries have appeared which require higher education of employees , for example figurer 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 , one 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 manpower from other countries . Many...If you want to get a full essay, rear it on our website: BestEssayCheap.com

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