Global Perspectives (2020-2021)
Individual Research Assignment
Learning Outcome:The purpose of this assignment is to utilize the Global Perspective concepts to understand better the reasons of various policies adopted by countries and why they differ. This will be accomplished by researching and evaluating the developed and developing economies and understanding the different approach before reaching a well-informed conclusion.
Task Description:Assume you are advising a government of a developing economy. Report to the government on: (a) policies designed to bolster national innovative capacities; and (b) policies to gain maximum benefit from technology transfer afforded by its inward investors in manufacturing.
The introduction would set out the background and aims of the developing country. The policy options would be outlined, with the possible benefits and drawbacks highlighted.
The body of the report will detail the findings under each of the policies. Some of the policy options are increase spending and focus on education, especially higher education; boost support for innovative entrepreneurs, possibly with government loans; provide loans to SMEs for R&D as a matter of policy. Regarding the role of inward investors: seek specific deals on technology transfer from foreign investors; require foreign investors to hire a proportion of local engineers; introduce requirements that local content and technology must be used wherever possible. These terms would be appropriate only for new investors, not existing ones. If potential investors resist these terms, the government would be advised to seek out others to do deals with.
Conclusions and recommendations would be based on these lists of policies. Not all would be feasible, but several could be highlighted, especially those focusing on education.
Preparation / Notes:
Your research must include Your report must include proper reference of your work using the APA style guidelines and ensure, not to give references of google search pages. This will result in losing marks. Example of an In-Text APA citation and references are found through the content menu on econestoga
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