Intels Training For Engineering And English As A Second...

Additionally, Intel was not satisfied with just bringing jobs and tax revenue to Costa Rica. The company went a step further and developed the education system in a myriad of ways. This was also advantageous for Intel’s interests. Initially, Intel was concerned that Costa Rica did not have enough skilled professionals to work in its new assembly and testing facility. In order for the plant to be fully operational Intel would need to employ 1500 Costa Rican technicians (Cabrera Unruh, 2012). Intel received authorization from the Costa Rican government to partner with two of the country’s largest universities, the Technical Institute of Costa Rica and the University of Costa Rica. Intel first trained professors at these institutions to†¦show more content†¦Once again, this was a success! In 2002, Intel embarked on the third phase which entailed establishing even more highly complex programs and positions in Costa Rica. Hitherto, Intel only had these complex prog rams and positions in other regions. The goal was to expand the manufacturing, research, and development operations to Costa Rica. Intel collaborated with the universities again and now built highly specialized laboratories and even created research study-abroad programs for Costa Rican PhD candidates (Cabrera Unruh, 2012). Interestingly, in 2004 only 10% of Costa Ricans who graduated from the programs worked for Intel afterwards (Cabrera Unruh, 2012). Many of the remaining graduates worked for other companies in the sector, some companies which were Intel suppliers. However, this is still very smart business. In economics, education is considered a positive externality as many of you hear today know. An educated work force is conducive to economic development. In this case the development manifested itself in various forms. Intel’s profitability and globalization, the expansion of Costa Rican technology exports, and foreign direct investment in the nation’s economy. More importantly, this is global citizenship. Necessity is the mother of invention. Unfortunately, for oil rich countries like Nigeria, there is no