Asked by Kylor Kauahi on Jun 25, 2024
Verified
Using examples, assess the impact of companies, universities, and governments when working together.
Companies
Legal entities formed by a group of individuals to engage in and operate a business enterprise, commonly aimed at profit.
Universities
Institutions of higher education and research, which grant academic degrees in various disciplines.
Governments
The individuals and institutions responsible for making and enforcing rules and laws within a society or country.
- Understand the proliferation of research and development (R&D) globally and how it is influenced by economic and policy factors.
Verified Answer
Similarly, Silicon Valley in California became a world-class center for technology by bringing together academics from Stanford and Berkley, including tech firms from the Valley, and gaining government support from nearby municipalities. The city of Tel Aviv, Israel, sought to replicate the Silicon Valley model by combining government support, educational resources, and business forces to create a tech hub. The government requires all men and women to join the Israeli army and puts the brightest in high-tech intelligence units such as its famous Unit 8200, where it trains them on cutting-edge technologies and encourages them to pursue tech opportunities after their two-year military service. The businesses of the country also spend the most per capita on research and development. Finally, universities in Israel provide world-class programs, particularly in engineering and information technology. The combination of these forces has resulted in an abundance of tech start-ups that have created significant economic growth.
On the other hand, where governments, industries, or educational institutions are not supportive and do not work together, businesses are forced to develop or find resources on their own, narrowing the margins for success.
The section "Industry, Education, and Government" on page 202 discusses how companies, universities, and governments work together. Students can use this section to make their own interpretation and answer this question.
Learning Objectives
- Understand the proliferation of research and development (R&D) globally and how it is influenced by economic and policy factors.
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