From the Cultural Typology of Economic Development by Mariano Grondona Choose Three Factors Which in Your Opinion Are the Most Supportive of Market Development
It begins with market research wherein a company does a segmentation analysis and short ists market segments which are worth pursuing. It is an attempt to use the existing product or service to attract new customers.
It is possible to construct two ideal value systems: one including only values that favor economic development and the other including only values that resist it. A nation is modern as far as it approaches the former system; it is deemed traditional as far as it approaches the latter. Neither of these value systems exists in reality, and no nation falls completely within either of those two value systems. However, some countries approach the extreme favorable to economic development, whereas others approach the opposite extreme.
Incorporation of cultural analysis and cultural change into the mix of policy and project design factors may significantly accelerate the pace of economic development.