INVESTING IN DEVELOPMENT INTEL COSTA RICA 0 impressive results. This framework included mechanisms such as the multifunc- tional Steering Committee, as well as a national focus on FDI personified by the high-level involvement of the President and other top government officials in FDI issues, strategy and promotion. However, the national focus on FDI, the “fast track” attitude used to close the Intel deal, the Steering Committee and the committee for high-technology companies were not established as permanent institutions able to survive over time, regardless of changes in leadership and government priorities. Develop a strategy to establish service and supply networks for priority sectors. Intel in Costa Rica exemplifies the importance of cultivating the support industry to help anchor pioneer investors in the growing cluster. Several approaches to building a vibrant supplier network were employed in Costa Rica, but most started with understanding more about existing investors. Intel required several of its sup- pliers to locate in Costa Rica, and CINDE first worked to attract more large pro- ducers like Intel. The agency discovered that suppliers often needed more than one locally based client to warrant setting up shop in Costa Rica. CINDE later determined it was necessary to work with existing investors to “back link” potential suppliers of products and services that would transcend sectors. Through this sort of investigative research, commonalities were identified between medical devices and electronics, for instance, in their procurement of clean room services, plastics and metal mechanics. Thus, the development of the electronics cluster also helped to feed the medical devices cluster, and vice versa, providing strategic and esca- lating leverage of the initial Intel investment.
impressive results. this framework included mechanisms such as
the multifunc-tional steering Committee, as well as a national
focus on FDI personified by the high-level involvement of the
president and other top government officials in FDI issues,
strategy and promotion. However, the national focus on FDI, the
fast track attitude used to close the Intel deal, the steering
Committee and the committee for high-technology companies were not
established as permanent institutions able to survive over time,
regardless of changes in leadership and government priorities.
Develop a strategy to establish service and supply networks for
priority sectors. Intel in Costa rica exemplifies the importance of
cultivating the support industry to help anchor pioneer investors
in the growing cluster. several approaches to building a vibrant
supplier network were employed in Costa rica, but most started with
understanding more about existing investors. Intel required several
of its sup-pliers to locate in Costa rica, and CInDe first worked
to attract more large pro-ducers like Intel. the agency discovered
that suppliers often needed more than one locally based client to
warrant setting up shop in Costa rica. CInDe later determined it
was necessary to work with existing investors to back link
potential suppliers of products and services that would transcend
sectors. through this sort of investigative research, commonalities
were identified between medical devices and electronics, for
instance, in their procurement of clean room services, plastics and
metal mechanics. thus, the development of the electronics cluster
also helped to feed the medical devices cluster, and vice versa,
providing strategic and esca-lating leverage of the initial Intel
investment.
