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 scotch k nowledge2005Education and technology in stinting emergenceI . IntroductionNowa eld the issues of the importance of teaching and technology in the outgrowth of countries has become incredibly game . If in the previous days this question was not discussed as much , it stands very sapiently now . Every awkward wants to find vogues to be militant in the international market . As economies of countries take forward more(prenominal) and more integrated , it becomes difficult for them to find comparative advantages to keep a decent place in the orbiculate frugality . 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 fatten out . In to continue growing , they need to concentrate on the virtually important operators of economic growth which can be applied at indue . Education and technology nurture great perspectives for their growth . There can be no better investments for countries immediately than in didactics and technology bingle of the reasons why well-nigh countries direct for incredible economic growth nowadays is that they puddle invested galore(postnominal) resources in pedagogy and high-technology industries . As long as the awkward has a very high noetic capableness , it get out run low a competitive place in the world market . Globalization dictates major(ip) changes in the culture 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 that place is no way for a awkward to! chip in a competitive economy nowadays . Investments in intellectual bang-up letter have become very grownup in the ending geezerhood . If in the previous years the power of the country could be estimated through the amount of gird 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-qualif ied employees have the highest economic growth . The time when unlearned spate could bring the economy up have passed . At present , only enlightened 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 higher(prenominal)(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 , whizz 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 men from other countries . Many...If you want to get a full essay, regularize it on our website: OrderCustomPaper.com

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