Government investment in R&D and education has led to a highly skilled workforce and strong consumer demand conditions with high rates of e-commerce growth. Firms operate in an innovative market and must differentiate their offerings while offering discounts to compete. Supporting industries like technology and logistics have also strengthened due to increased investment.
Government investment in R&D and education has led to a highly skilled workforce and strong consumer demand conditions with high rates of e-commerce growth. Firms operate in an innovative market and must differentiate their offerings while offering discounts to compete. Supporting industries like technology and logistics have also strengthened due to increased investment.
Government investment in R&D and education has led to a highly skilled workforce and strong consumer demand conditions with high rates of e-commerce growth. Firms operate in an innovative market and must differentiate their offerings while offering discounts to compete. Supporting industries like technology and logistics have also strengthened due to increased investment.
• High investment in • Highly innovative market. R&D and education – • Firms need to offer discounts leading to better skill and incentives. force. • Differentiation is essential. • 2. Strong Factorconsumer Input conditions • protection 90% of 25 laws year olds with higher education – leads to increased talent pool. 4. Demand conditions Multiple sources to raise • 18% increase in e-commerce capital. USA YoY. 140% increase due to COVID-19, leading to higher e-commerce penetration. • 14% decrease in brick and motor 3. Related and supporting industries • Increased Tech support from Chance • Strong Logistics network major silicon valley giants. • Increasing consumer • Logistics is growing 3.2% - base with high with increased warehousing technology space and shipping network penetration. and speed.