Brazilian Offshoring Sector

Write 5 pages thesis on the topic brazilian offshoring sector. According to the Milken Institute’s latest Capital Access Index, Brazil has improved capital access for its entrepreneurs with the intent to stimulate the nation’s economic growth (LBC para. 1). In addition, the Brazilian offshoring sector is characterized by better access to human capital. The case study clearly indicates that the country’s ICT-related technical and graduate courses generate nearly 100,000 graduates annually. According to official data, Brazilian universities produced over 220,000 graduates in 2008. Access to R&amp.D and Technology The Brazilian government gives special concessions to the country’s R&amp.D and technology sectors. To illustrate, the government provides companies with 50% excise tax reduction to purchase R&amp.D equipment and 100% reduction to import software development materials. Brazil’s R&amp.D expenditure in the 1997–2002 period was greater than that of India. The Brazilian Federal Government gives particular attention to technology and considers software and IT services industry as strategic. In addition, the Brazilian Development Bank offers extensive credit facilities to foster technology projects. Capabilities Brazil has a fast growing economy capable of making the country an attractive destination for global investors. Information technology has been well developed in Brazil and it represents approximately 7% of the country’s GDP.

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