Economic activity, investments and technological policy

Type :

Presentation

Pages :

7 pages

Format :

.doc

Published date :

12/01/2008

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Summary :

 
 

Table of Contents Economic activity, investments and technological policy Table of Contents

 
  1. Abstract.
  2. Introduction.
  3. Defining investment .
    1. Real risk-free interest rate.
    2. Inflation.
    3. Risk.
  4. Undertaking an investment.
    1. The expected future demand.
    2. The future preferences of consumers.
    3. The increase of consumer income.
    4. The total cost of the investment.
    5. The technological changes.
  5. Investment motive policy.
  6. Public investments.
  7. Transfer of technology and foreign direct investment .
  8. Conclusions.

Abstract

The concept of competitiveness of the national economies and the viability of the national productive systems in the context of globalization focuses on the role of innovative competitive advantages, which are related to the technological know-how. The competitive advantages of low production cost and specialization, which used to be the determining factors of a country's ranking in the world economy, are rapidly displaced by the competitive advantages of technological know-how and innovativeness. In this context, the contemporary issues of competitiveness and growth are included in the new frame of the knowledge economy, which is identified with the know-how of production. This paper presents the relationship between economic activity, investments and technological policies by considering the factors that should be reviewed when undertaking an investment decision as well as the measures applied by a government in order to encourage investment activity. Moreover, the importance of public investments is stressed out as well as the transfer of technology as a basic component of the policies for economic growth. The paper concludes that governments in developing countries are responsible for important investments, which require a view of the evolving structure of the economy.

Keywords: investment, public investment, technology transfer

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About the author :

pencil image Christina POMONI A
Level :Advanced Study : A language(s) : A

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