Building a Cluster Electronics and IT in Costa Rica
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In the early 2000s, I was invited to contribute an essay to a book by a major publishing company. The goal of the book was to inspire children in developing countries to dream of a life of their own and become successful leaders, rather than followers. One of the chapters dealt with computer technology as an enabler of education and economic development. As I read through the essay, I realized that this was a topic that resonated with my own background and experience. At the time, I worked for a company that made and sold computer equipment
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I’m the owner of a successful, mid-sized engineering company based in San Francisco, CA. We specialize in embedded systems software and hardware. In addition to my engineering team, we have about 12 full time and 15 part-time employees. I have been a founder of two other successful companies — the first one, an Internet start-up (now a Fortune 500 company), and the second a global technology and software solution provider. Our company has grown from 10 people to over 200 people over the
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A new chapter in Costa Rica’s history is being written as the country looks to establish itself as a hub for electronics and information technology (IT) startups. This week, the U.S. Embassy and the country’s Information Technology Association of Costa Rica (AITACR) signed a Memorandum of Understanding (MOU) to establish the Costa Rica Center for Electronics and Information Technology (CEIIT). The center will help entrepreneurs in the sector bring technology to market and compete globally. AITACR CE
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“Building a Cluster Electronics and IT in Costa Rica Cost: $1.5 Billion Number of jobs: 21,000 Location: Santa Ana, Guanacaste Province Industry: Technology Sectors: Electronics, Data Processing, IT Investment Threshold: $500,000 (Including Machinery, Software, Furnishings, Electrical, Lighting, etc.) 1. Investment Threshold: This program is
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In the end, I was excited to be part of the building of Costa Rica’s first-ever cluster of electronics and information technology. It was a major milestone for the local industry and a step in the right direction for Costa Rica’s long-term economic growth. In partnership with the International Trade Commission, I contributed my expertise as a successful technology entrepreneur and investor. We have organized an advisory board with more than 20 experts and leaders in the industry, a public relations firm to help raise the profile, and a fundraising effort
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Topic: Building a Cluster Electronics and IT in Costa Rica Section: Case Study Strategy I am proud to announce the opening of a new Cluster of Electronics and Information Technology (IT) Businesses in Costa Rica. The Cluster is located in the city of Alajuela, one of the most economically dynamic cities in the country. The Cluster will comprise 100 firms operating in various segments of the electronics and IT business and with a total of 550 employees. Overview
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Innovative business cluster development is a new idea in many developing countries. It is, of course, a much-desired policy, a well-intended good, an excellent strategy for the economy to grow and the people to become better. The main idea is to develop a cluster of related technology products and services, and to concentrate the growth in a limited geographical space, with the support of infrastructure development, tax incentives, government policies, and public/private partnerships. This strategy has many advantages: a) the cluster will create and support jobs; b)
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Background: Costa Rica is one of the few countries where you can make a fortune in electronics manufacturing. It has the highest level of literacy and computer literacy in Latin America, and is one of the most advanced telecom systems in the world. Electronics manufacturing has experienced a tremendous growth since 2009, when the country’s manufacturing base of electronics was destroyed by a series of natural disasters, mainly earthquakes and hurricanes. In the year 2011, a cyber- visit site