June 18, 2006
June 18, 2006
June 21, 2006
11.550.1 - 11.550.13
Engineering Capacity Building in Latin America
The widening, intensifying, speeding up, and growing impact of worldwide interconnectedness, better known as globalization is forcing countries and regions develop strategies to enhance their economies to better compete worldwide. Science, technology, engineering and innovation play a fundamental role in the creation of wealth, economic development and in the improvement of the quality of life for all citizens. This paper addresses the role of capacity building and engineering education as foundations to develop national/regional economic development strategies in Latin America. Contributors from various sectors (academia, non-governmental organizations, industry and government) share their roles, viewpoints and perspectives.
There are many definitions of globalization. It can be thought as the process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross-border economic, political, and socio-cultural relations or it can be thought of as the widening, intensifying, speeding up, and growing impact of worldwide interconnectedness . But regardless of definitions, most agree that globalization has fundamentally transformed economies around the world. In this era, economic networks rather than political boundaries are the building blocks of prosperity and change.
In the World is Flat, Tom Friedman  suggests how the world is in its 3rd globalization wave, one that is governed by people and communications. He states that the flattening of the world happened at the dawn of the twenty-first century, and that countries, communities, individuals governments and societies can, and must, adapt to the challenges that this ‘flat world” presents. Thus, globalization is making both developed countries and those in development think about effective and efficient strategies that will advance their economic and social development agendas. Many countries around the world have made significant strides in the past ten years in laying the foundations for market economies and democratic societies to flourish. For many of them, that progress is now recognized worldwide. Countries like Taiwan, Singapore, and Ireland come to mind.
Economic Development and Knowledge-Based Economies
Economists and social scientists agree that economic development is a concept that is not easy to define, but most would agree that is relates to the restructuring of an economy to enhance social and economic well-being of a community, region, state, or nation and its citizens . Competing in global economy demands that policy makers understand a new geographic scope and the predominant new drivers of growth: innovation and entrepreneurship. Countries whose economies have embraced these drivers can be thought as knowledge-based economies. A knowledge based economy is one that employs a region’s knowledge and educational resources to gain economic advantage across the whole value chain in the global economy. Thus, building
Morell, L., & Abreu, A., & Cehelsky, M., & Ramos, T., & Marcek, D., & Jones, R., & Scavarda Do Carmo, L., & Spencer, J., & Yutronic, J. (2006, June), Engineering Capacity Building In Latin America Paper presented at 2006 Annual Conference & Exposition, Chicago, Illinois. 10.18260/1-2--171
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