Pioneeringup-and-coming activities and innovation features drastically transformed the intercontinental competitiveness of Brazilian corporations which has used the country's economy beyond its agricultural sector. Technology has significantly changed in Brazil as a result of which various foreign organizations have began investing in the country. A research carried out by the Research Institute upon Applied Economics (IPEA) analyzed 1200 industrial firms in Brazil and compared them to similar firms in South america and Argentina, results demonstrated Brazilian companies to be very competitive in medium and high technology products inside the international export market (Wright 2007). The report simply by Wright (2007) also states that Brazil has limited product development activities due to its weakened capital market structure nonetheless it has a very secure research bottom on the supply-side which will help them in producing ground breaking goods.
In computer marketplaces Brazil is fifth largest in the world; it is additionally investing locally in emerging technologies consequently posing wonderful opportunities for global investment (Fried, 2008). Technology Environment in Singapore The technological environment of Singapore has advanced tremendously in the past few years; e-commerce transactions possess greatly improved in areas such as internet trading and internet financial (The Economist 2007). The us government in its Information and Conversation Technology twenty-one (ICT21) master plan of 2000 prepared for positioning Singapore as a global capital of communication and information technology simply by 2010 (The Economist).
This kind of clearly shows the level of research and development activity near your vicinity and the influence it will have, and has had, inside the transfer of technology regarding global expenditure; in July 2000 the Economic Development Board Purchase setup M-Commerce Ventures to further foreign investment.