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Essay / Research Paper Abstract
This 6 page paper considers present a potential destination for US biomedical technology firm, considering the different conditions within the Brazilian macro environment, such as economic conditions, protection for intellectual property and demand for biomedical services. The bibliography cites 6 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TEbrazilbio.rtf
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Unformatted sample text from the term paper:
of growth and over which there is a high level of optimism. Even with the global recession in 2009. It is even projected by some economists that these nations are
sufficiently strong in economic growth potential to help lead the recovery from the current global crisis (Shukla, 2009). This positive view of the BRIC countries indicates that they may be
potential countries for the placement of foreign direct Investment (FDI) and for US firms, such as those operating in the biomedical technology industry, Brazil may be seen a potential viable
destination. It is generally agreed that the BRIC nations, including Brazil, are in a good position for growth to continue as the conditions in the countries are good for
development. These conditions include an increasing level of affluence within the consumers, as they benefit from the development of the economies and have more money to spend on consumable items,
increasing the aggregate demand as well as a good industrial base, good or bettering infrastructures and stable political conditions that encourage growth as well as a stable economy (Shaw et
al, 2007). This is all indicative of an increase in the standard of living which is experienced, and expected, within the country. These types of development are reflected in the
healthcare that is demanded and expected (Bilton et al, 2006). In terms of the social attitudes towards health care, health is deemed to be fundamental right in Brazil, with the
guarantee of universal access to treatment to all citizens (Jishnu, 2010). However, in addition to the universal health-care system there is also a complementary private healthcare system, aided by the
economic development and the financial growth in the country. At the current time the average age of the population is relatively young, and 30 years of age, growing up with
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