Technology In Ethiopia

9434 Words38 Pages
Addis Ababa University BUSINESS AND ECONOMICS COLLEGE DEPARTMENT OF ECONOMICS A senior essay Submitted in Partial Fulfillment of the Requirements for BA degree in Economics The economic contribution of technologies developed by governmental institution: the case of Metal Engineering Corporation in Ethiopia. By: Nebiat Belew Email: bnebiat@gmail.com Advisor: Instructor Dereje Yohannes June, 2015 Addis Ababa Dedicated to Belew Gashaw (shambel) February, 1942 – June, 2015 ACKNOWLEDGMENTS Let me start by thanking GOD Almighty for making me strong for the hard times I have gone through. It would have been an impossible journey for me without your help, THANKS. To my advisor who understood…show more content…
Ethiopia has a remarkable record of achievement of a two digit economic growth for the last five consecutive years. However, the contribution from the industrial sector remains minimal. To ensure the sustainable economic and social development of the country in today’s competitive world, building technological capability of the industry is critical. This could be achieved through well organized and coordinated technology transfer system based on the need of the industry and society. Most of the imported technologies to the country in the past had failed to be adopted, improved, re-engineered, and disseminated to other similar industries at the desired level, especially in…show more content…
In the Second National Science and Technology Plan (1996–2000), Singapore’s technology strategy was to build a world-class science and technology base in fields that match Singapore’s competitive strengths, and that will spur the growth of new high value-added industries (Arcot Desai Narasimhalu, 2006). Singapore’s approach to deliver the skill needs of the industrial sector is said to be one of the best in the region. To provide the required skill, government selectively developed an efficient, industrial targeted, higher educational structure and a special worker training program. To this end the government established the vocational and industrial training board. Government also assisted employers to condct skills training courses at various levels matching their specific needs. Morover, the government collaborated with MNCs, and worked jointly with foreign governments to provide technical and training on the regional basis. Hence, availability of high skilled and specialized labour force and elaborate communication and transport infrastructure, accompanied by incentive system gave Singapore a competitive
Open Document