Fake references by government officials and accidents

There are many accidents which take place due to technical failure and problems, and this can be closely linked to the current policy of certain powerful government officials of giving fake references and great powers to their incompetent lazy, inexperienced and greedy young girlfriends and relatives.

For example in Goa, a powerful government official who is jealous of his hardworking experienced engineer batchmate is so blinded by jealousy that he has given great powers to the batchmates lazy inexperienced Bsc pass young neighbour with no work experience, by misusing his experienced batchmates name. The Bsc pass neighbour is extremely arrogant and is not even on talking terms with the batchmate, so why are these government officials so shamelessly misusing the batchmates name?

By stealing lucrative assignments and powers from his experienced batchmate, and humiliating her, this powerful government official gets a lot of satisfaction and ego boost, but the biggest loser is the government, the nation and the tax payer, who has to pay the price for letting government officials amok with no controls, committing frauds on the government by passing off a BSc as an engineer.

Government policies and business growth

Government policies in most countries are formulated to help the businesses and GDP of the country grow.
But sometimes, the government policies have the opposite effect , they act as deterrent to business growth.
Some of the reasons why the government policies are harmful are:
The policies are poorly researched.
The persons formulating the policies have little experience or knowledge.
Nepotism , cronyism
Incompetent decision makers
Lack of foresight.

Wait and watch

When there is a lot of uncertainty in the environment, it is better to just wait and watch. If you think your efforts and money will be lost due to reasons beyond your control, spending your time studying alternative options can be more fruitful.
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Development and government attitude

In a country, some states develop faster than others. While natural resources could matter, the attitude of the government towards business is also a major factor. If government officials indulge in crony capitalism, in the short term , the individuals involved could become rich and famous, but in the long term the development of the state is affected.
The United States is considered to be the world leader in technology, because it is able to attract the best talent from around the world and also formulate rules which are conducive to the development of technology.

Indigenous technology

In most prosperous countries, government officials go out of their way to promote the development of indigenous technology. They know that by developing a proprietory technology, the nation benefits in the long term as it is source of revenue. For example, the largest refineries in India, license technology from other companies for manufacturing petroproducts.

Big corporations take all possible measures to destroy potential competitors by spreading false rumours. If the decision makers in a country are short sighted and do not verify the facts before believing in these false rumours spread by the foreign companies, they end up destroying their own local businesses and nation as desired by the foreign companies.

Resources and growth

Some countries like Korea, Taiwan and Japan do not have too many natural resources but many of the largest brands in the world have their origins in these countries. This is because the government in particular and society in general values hard work and innovation.
On the other hand, many of the African countries are very rich in natural resources, but the widespread corruption and lack of long term vision by the leadership has resulted in high levels of poverty.