ABSTRACT
This chapter addresses the question to what extent the way out of deep economic crisis will be directly influenced by the expansion of information technologies through an examination of the development of high technology in Brazil. For many Brazilians the right questions are how to prepare the country to receive the impact of the new technology, and how to monitor that process, to the extent that it is possible. The difficulties of internal provisioning during the Depression years and World War II forced Brazil to move toward a policy of import substitution for manufactured products. Some of the Brazilian universities have achieved high standards in many different fields. In the case of open economies such as that of Brazil, the rate of adoption of new technology is closely related to its participation in the international market. The problem of unemployment arises like a ghost in the context of the technological modernization of Brazil.
