Assume you own a company that manufactures medical products in the biotechnology industry. You want to establish a foreign plant to manufacture your products and are seeking countries with a high concentration of knowledge workers. Thus, you decide to collect information about the knowledge economy abroad. The World Bank highlights the state of the knowledge economy in various countries. The data are accessible by visiting the World Bank site (www.worldbank.org) and entering the keywords “Knowledge Economy Index” in the search engine. You will be able to find several articles and retrieve information about these countries. Visit the site and prepare a report on the knowledge economy for each of the following:

Singapore, South Korea, and Spain. LO1