Question

In: Economics

Explain the relationship between the role of government and technology in the expansion of the computer...

Explain the relationship between the role of government and technology in the expansion of the computer industry along with entrepreneurship.

200 min

Solutions

Expert Solution

The government always helps to develop and grow up industrial expansions in the country to promote science, technology and thus numerous ways to success in education and employment.

By providing initial facilities, technologies and services, the Government can set up a clear entrepreneurial developments in the computer industry.Developments in computer industry can create a facilitative environment for establishing large scale enterprises in these areas. By supporting computer industry the government can ensure the following things in the country to be well proceded along with other industries.

1. Ensure the sustained development in productivity

2.To promote huge number of employment

3. To make maximum use of computer technologies.

4. To compete with international industries

5. to transform the country into a major partner among other countries and an entrepreneurial best player in the global world.

Opening a new computer industry or to expand a present industry, getting a license from the government is one of the important matter. Licenses to expand production were supported and permitted  only if the government was convinced about the industry.


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