Territorial branding architecture
Introduction
essential COSTA RICA is the Country Brand of the Republic of Costa Rica, implemented with the objective of projecting the image of the country in international markets. Its purpose is to promote exports, attract foreign direct investment, encourage tourism and highlight Costa Rican culture, in addition to promoting competitiveness among national companies, increasing their quality standards, and generating a community of licensee companies that promote business in Costa Rica and abroad.
The Country Brand is led by an institutional council made up of the Foreign Trade Promoter of Costa Rica (PROCOMER), the Costa Rican Institute of Tourism (ICT), the Ministry of Foreign Trade of Costa Rica (COMEX), the Ministry of Foreign Affairs and Worship "Ministry of Foreign Affairs and Worship (Costa Rica)"), and the Ministry of Culture and Youth "Ministerio de Cultura y Juventud (Costa Rica)") (MCJ). It was created by Executive Decree No. 37669-RE-COMEX-TUR of March 22, 2013.[1].
Companies that wish to obtain the Country Brand seal must undergo an evaluation protocol that covers the five values of the brand: excellence, sustainability, social progress, innovation and Costa Rican connection.[2][3].
Context
Country Brands seek to measure, build and manage the reputation of countries, and are closely linked to the concept of place branding or place brand. In the book Diplomacy in a Globalizing World: Theories and Practices, the authors define Country Brands as "the application of corporate marketing concepts and techniques to countries, in order to improve their reputation in international relations."[4] Many countries attempt to develop a national brand to establish relationships that transcend nation-states, encompassing both the public and private sectors, and fostering a sense of national identity. Some approaches, such as increasing the importance of the symbolic value of products, have led countries to highlight their distinctive characteristics. A country's brand and image, and its ability to transfer that image to its exports, "are as important as the products they actually make and sell." This is also known as the country of origin effect.[4].
Country Brands are a constantly developing field, in which academics continue to search for a unified theoretical framework. Many countries are working to improve their image, as a nation's reputation can significantly influence its economic vitality. Governments seek to attract tourism, investment capital, increase exports, attract creative talent and improve their cultural and political influence in the world. Among the main ways to project a national brand are exports, foreign direct investment and tourism.