Lowest guaranteed price across the globe. Get upto 50% off ! Book Now

National Innovation System in Columbia Sample

University: Barony College

  • Unit No: 4
  • Level: Undergraduate/College
  • Pages: 8 / Words 2029
  • Paper Type: Assignment
  • Course Code:
  • Downloads: 11457
Organization Selected : National innovative System (NIS)

INTRODUCTION on National Innovation System in Columbia

In this paper the Main features of Columbia’s business environment and the role of national innovative system is discussed. Then the government component of the NIS in Columbia is evaluated. After that the finance components of National innovative system of the country is analyzed and discussed. The role of Scientific and Technological institution, as well as the Education components of the NIS is discussed. The industry component of the NIS in the Columbia is explained. In the end conclusion is given about the importance of the national innovative system for the prosperity of the country.

Business environment of Columbia and national innovative system

Business Environment of Columbia

The Columbia business environment has improved tremendously from the past few years due to the new programs run by the government. In the present condition the inflation rate is under control and there is economic stability which is attracting the investors to invest. Columbia has an advantage of being located in the middle of South and North America. The country has a population full of young and qualified people. Thus it has become a new investment place for the international investors. Before the investors had concern about the devaluation of the Columbia currency, but now it has been strengthening its currency value against dollar and Euro, which is clear sign of stability and growth of the economy .

The government of Columbia has simplified the tax rules and regulations which have led to increases in the tax base and reducing the tax benefits. The Judicial system of Columbia is very weak and hence the government needs to pay attention on that aspect. The main trading partner of Columbia is the United States to which it has done free trade agreement . If all the reforms and efforts taken by the Columbia become successful then for sure Columbia can become one of the major players of Latin America (Cardenas, n.d). Although it is not that Columbia does not face threats, it faces major challenges with the natural calamities like flood which has damaged the infrastructure, roads, buildings etc of th

Download Full Sample
Cite This Work To export references to this Sample, select the desired referencing style below:
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Instant Assignment Help. [Internet]. Instant Assignment Help.(2024), Retrieved from: https://www.instantassignmenthelp.com/free-samples/business/national-innovation-system-in-columbia
Copy to Clipboard
Boost Grades & Leave Stress

Share Your Requirements Now for Customized Solutions.

Lowest Price

USD6.27

    FOR FIRST ORDER GET EXTRA 25% OFF

    Seasonal seasonal-mobile

    Our unique Features

    24/7 Customer Support

    100% Customer Satisfaction

    No Privacy Infringement

    Quick Services

    Subject Experts

    Innovative Documents

    100+ Qualified Writers

    For Best (Accounting) Assignment Help

    Ronnie Ashworth
    1123 - Completed Orders
    Ronnie AshworthView Profile Hire Me
    Jacobs Gaugh
    2356 - Completed Orders
    Jacobs GaughView Profile Hire Me
    Kevin Patrick
    1039 - Completed Orders
    Kevin PatrickView Profile Hire Me
    Julia Swift
    2454 - Completed Orders
    Julia SwiftView Profile Hire Me
    View All Writers
     
    IAH whatsapp