Panama: "Technology Hub" for 2018

The nation aims to become one of the world's top five countries in technology export capacity.

Monday, August 3, 2009

One of the first steps was the creation of a technology cluster, located in "Ciudad del Saber" (City of Knowledge), comprised of 6 companies.

"Panama's strategy for achieving this goal is based on the results of Peter Wilson's study, professor at Hass Business University, in Berkley, U.S.", reported "'The goal is tough, but with the determination of the industry, academy, and, above all, the government, it could be reached', commented Wilson".

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More on this topic

The Advantages of Belonging to a Consortium

February 2016

Eleven clusters are operating in Costa Rica, in sectors ranging from digital animation to flowers, food or agricultural products, seeking better operating and financial leverage.

Achieving greater access to credit, winning new customers and suppliers, discussing industry issues and possible solutions, more formalized operation or devising new strategies are part of the benefits of belonging to a cluster, a policy that is actively supported by the Costa Rica Foreign Trade Promotion Office (PROCOMER).

Software Cluster Negotiating in Silicon Valley

July 2009

Six Panamanian companies from "Ciudad del Saber" negotiate exporting technology services to U.S. companies.

The companies Cibernética, Logic Studio, Dchain, Arango Software International, GSI and Infosgroup conformed a technology cluster, which "is getting prepared, because it aims to market innovative Panamanian solutions in the U.S.

Guatemala Reactivates Port Cluster

May 2009

Through the Maritime Port Cluster, reactivated this week, the country is looking to become a logistics hub in Central America.

Héctor José Marroquín, executive director of the National Ports Commission (CPN), explained that the Maritime Port Cluster of Guatemala (CPMG) has been set up since June 2008.

Free Trade: Clusters

September 2008

Lately the trend has been to talk of the formation of clusters and competitiveness. However, it seems that at the same time some people are tricking themselves, speaking of "building clusters."

If we start with the premise that competitiveness from the sum of the comparative advantages of a country and placing added value to these (competitive advantage), the essence of the matter are the comparative advantages; these tell us if the company or sector can really develop on their own or if they will have to seek the help of the state (State privileges) to sustain themselves in the long term. Comparative advantages are those abilities or characteristics that make us stand out from the rest. If we use the example of the biblical parable of the talents, comparative advantages are the "various talents" that the country or sector has in comparison to others.

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