Entrepreneurial activities and invention has drastically changed the international fight of Brazilian companies which has taken the country’s economic system beyond its agricultural sector. Technology has drastically changed in Brazil because of which many foreign houses have started puting in the state.
A research conducted by the Research Institute on Applied Economics ( IPEA ) studied 1200 industrial houses in Brazil and compared them to similar houses in Mexico and Argentina. consequences showed Brazilian houses to be really competitory in medium and high engineering merchandises in the international export market ( Wright 2007 ) . The study by Wright ( 2007 ) besides states that Brazil has limited merchandise development activities due to its weak capital market construction nevertheless it has a really strong research base on the supply-side which helps them in bring forthing advanced goods.
In computing machine markets Brazil is fifth largest in the universe ; it is besides puting domestically in emerging engineerings therefore presenting great chances for planetary investing ( Fried. 2008 ) . Technology Environment in Singapore The technological environment of Singapore has advanced exponentially in the past few old ages ; e-commerce minutess have greatly increased in countries such as internet trading and cyberspace banking ( The Economist 2007 ) .
The authorities in its Information and Communication Technology 21 ( ICT21 ) maestro program of 2000 planned on positioning Singapore as a planetary capital of communicating and information engineering by 2010 ( The Economist ) . This clearly shows the degree of research and development activity in the state and the impact it will hold. and has had. in the transportation of engineering with regard to planetary investing ; in July 2000 the Economic Development Board Investment setup M-Commerce Ventures to foster foreign investing.