crucial to bit-driven growth

Spanish translation: fundamental para el crecimiento en la era digital

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English term or phrase:	crucial to bit-driven growth
Spanish translation:	fundamental para el crecimiento en la era digital
Entered by:	Yaotl Altan

23:15 Apr 17, 2012

English to Spanish translations [PRO]
Social Sciences - Government / Politics / carta para un profesor de

English term or phrase: crucial to bit-driven growth

This is hardly a paradox from the perspective of market logic. Since social returns to the
expansion of human capabilities are substantially higher than private returns, private markets
consistently and perennially underinvest in human capabilities. Private investors will
underinvest in “human capital” because they cannot control the human beings in whom it is embodied in the way that they can dictate how machines and buildings are used. Instead, markets channel investment to other areas where total returns may be lower but private returns appear higher. This is particularly true in the case of the most fundamental capabilityexpanding services. The best example is early childhood education, where the capabilities generated will eventually have large impact on productivity, but only in the distant future. In
sum, markets will chronically fail to supply optimal levels of the “human capital” crucial to bitdriven growth.

jolique KudoZ activity Questions: 159 (10 open) (3 without valid answers) (7 closed without grading) Answers: 2 Colombia
Local time: 10:35

fundamental para el crecimiento en la era digital

Explanation:

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Note added at 10 days (2012-04-28 00:29:43 GMT) Post-grading
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A la orden, colega.

Selected response from:

Yaotl Altan
Mexico
Local time: 09:35

Grading comment

Thank you ever so much.
4 KudoZ points were awarded for this answer

Summary of answers provided

fundamental para el crecimiento en la era digital

Yaotl Altan

esencial/crucial para el crecimiento basado en (los) bits/para un crecimiento basado en (los) bits

Marta Moreno Lobera

Answers

14 hrs confidence:

esencial/crucial para el crecimiento basado en (los) bits/para un crecimiento basado en (los) bits

Explanation:
"Given effective enforcement of the current property-rights regime, can technological entrepreneurship in the South change the global distribution of the returns from **bit-driven growth** over the long term, or will it only cut in a few Southern entrepreneurs while helping to legitimate the disproportionate flow of returns to the North, in effect solidifying monopolistic control by Northern corporations?"

http://www.forumonpublicdomain.ca/sites/forumonpublicdomain....

"As Nicholas Negroponte pointed out almost a decade ago, rearranging strings of digital “bits” rather than rearranging atoms is at the high return center of the modern economy. **Growth is increasingly “bit-driven.”** Appropriating the returns from ideas and images has become the new definition of the economic
“core” and this shift presents a new set of challenges to developing countries."

http://www.minds.org.br/arquivos/Evans.pdf

Marta Moreno Lobera
Spain
Local time: 17:35
Works in field
Native speaker of: Spanish
PRO pts in category: 92

6 mins confidence:

fundamental para el crecimiento en la era digital

Yaotl Altan
Mexico
Local time: 09:35
Native speaker of:

Spanish,

Italian
PRO pts in category: 133
1 corroborated select project
in this pair and field

Grading comment

Thank you ever so much.

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Spanish translation: fundamental para el crecimiento en la era digital

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