Marcus Asay What is Behind the Development of a Modernized Economy

Mr. Marcus Asay earned his Bachelor of Science in Business and Public Administration. Marcus Asay

went on to matriculate at Thunderbird, The American Graduate School of International

Management, where he earned his Master of Business Administration in 1982.

Mr. Marcus Asay began his impressive professional career as a dedicated undergrad student attending California State University, Sacramento.

Having come a long way since his academic career, Marcus Asay today serves as a Principal of Planning and Development for IE/Cal Design & Development Center. With over 20 years of professional business experience under his belt, Marcus Asay has developed a solid reputation as an efficient leader with savvy business skills. As Principal of Planning and Development, Marcus Asay is responsible for the management of projects, such as the firm’s newest design proposal for a National Museum of African American History and Culture in Washington, D.C. Under Marcus Asay’s keen management, IE/Cal Design & Development Center has completed a number of projects, including Kira Japanese Restaurant, the Fresno Falcons’ Ice Hockey Arena, and Trump National, Golf & Gardens.

The significant character behind the development of a modernized economy lies in its cycled character. In order to purify each and every structural crisis in the world economy, many new-fangled opportunities were getting formed. The countries which were making use of old technologies and advancements have been ruined, whereas the countries which managed to develop and use innovative potential opportunities have proved as a focal point of attracting the capital, quite independent from the old production. Therefore, the countries implementing and making use of industrial capital investments and scientific technical policies in likely potential fields have been attaining a competitive edge.

The major means to overcome the structural crisis are reckoned as the enforcement of radical innovations and prime scientific conceptions. The implementation of such factors would assist in adopting new attainments as well as increasing the efficiency and efficaciousness of traditional developments. In respect to actuate to the economical development’s stable stage, it is crucial to raise innovational investments that include use of new and basic technologies. The main significance concerning the innovative ways of economic development in investment policy is given to the groundbreaking forms of development, which in turn connotes the government’s role in the growth and implementation of investment policy.

Marcus Asay says Spreading awareness and knowledge about the new ideas and civilizing individuals, highly developed countries takes the complete responsibility of financing arenas including high risk research, fundamental science, scientific research infrastructure development etc. At present, the government has been trying to develop institutions and organizations, which will affirm investment new technologies, boost progressive technological changes, stimulate innovative actions, and informational resources. The basic foundation of modernized economic growth and development includes active investment procedures peculiarly in the technological and scientific fields, and innovative and scientific technical processes.

These days, the main reason behind the decline in the scientific technical potential is no more integrity and oneness between scientific researches and usage formers. In such conditions, to achieve modern economic development and growth in a country, it is vital to develop and create scientific innovations that should be taken into consideration. Marcus Asay further says laying the foundation for innovative and advanced multiplication motions, the technological development of a country is all related to the investments, resulting in the rise in production, improvisation of scientific innovation etc. Also, the development of corporative organizations and firms aids in the realization of long term industrial programs and creation of the conditions leading for the stable economical growth and development.

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