Legal guidelines

In developed and progressive countries laws evolve according to the changing circumstances and technology. The government law makers take it upon themselves to understand the latest technologies, sources of employment and develop rules accordingly for the benefit of the population at large.

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.