Download or read book Globalization of Technology written by Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences and published by National Academies Press. This book was released on 1988-02-01 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.

Download or read book What Technology Developments Influence Developed Countries Economy written by Johnny Ch LOK and published by . This book was released on 2017-11-14 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth.This book concerns to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book final part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.

Download or read book How Technology Development Influence Developed Countries Economy written by Johnny Ch LOK and published by . This book was released on 2017-10-29 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth.This book concerns to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book final part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.

Download or read book Technology Developments Influence Developed Countries Economy written by Johnny Ch LOK and published by . This book was released on 2018-03-23 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part One UK Future Technology IntroductionWhat technology will influence UK future development? Nowadays, UK is one effort technological development country. I believe it has effort to develop any technology, e.g. building, space navigation, bioscience, computer, medical etc. different technological development. However, in the economic theory view point, it indicates our earth has limited and scare natural resource to supply human to use, so if UK government or businessmen made wrong decision to choose to concentrate on developing any one of the non-important or urgent needs of technology, then UK country will face to use any scare natural resource to develop the important or urgent needs of technology to provide UK citizen and their next generation to satisfy their future needs. Thus, how to allocate to apply the natural resource to develop which kinds of high technology issue which is one valid research question to UK society nowadays.In fact, UK building technology had reached the mature stage, the building technology innovation is very excellent to compare other countries. So, UK government does not need spend more resource to invest to building technology aspect. Also, the biotechnology technology is excellent to satisfy any hospital patents' needs. Even, computer technology and space navigation technology are also excellent to compare other countries. UK had invented many different kinds of new computers or space navigation products to satisfy UK citizen's needs. So, UK government does not need to encourage to provide financial support to any UK businessmen to develop these two kind technologies. What kind of technologies will be UK government and businessmen who need to spend to invest and develop within ten years. I believe that environment and education and automatic manufacturing technologies will be UK future new technological development trends.

Download or read book Impact of Ict in the Developing Countries on the Economic Growth written by Stefan Detschew and published by GRIN Verlag. This book was released on 2008-05 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2007 in the subject Business economics - Economic Policy, grade: 1,5, Technical University of Ilmenau (Institut f r Wirtschaftswissenschaften), 43 entries in the bibliography, language: English, abstract: This paper discusses the relevance of Information and Communication Technologies (ICT) for economic growth in developing economies. By reviewing the contributions from the neoclassical and endogenous growth theory and empiric evidences for the link between ICT and economic growth, the paper clearly concludes that ICTs facilitate economic growth, principally by providing incentives for capital deepening and increasing productivity through rapid technological progress. However, the impact on growth is more extensive from the long-term ICT use and networking that though requires appropriate ICT investment and complementary efforts in order that spillovers and productivity improvements are triggered and exploited totally. This paper derives the key determinants and interacting factors that, in the corresponding correct synergic combination, promote ICT's impact on growth-generating processes. For a variety of reasons, the states of these factors in developing countries provide a less ICT favourable environment for taking advantage from ICTs. These economies exhibit a lower stock of human capacities and per capita capital to trigger the productivity benefits from the ICT use. Therefore, the level of effort is higher than in the developed world to receive return on ICT investment. However, when they achieve to attract capital and knowledge by encouraging ICT investment and technology transfer supported by international openness, maintained financial and institutional systems, deregulation of markets and higher competition, they have the chance to benefit from adopting best practices and technologies from the industrialized world with complementary efforts in the reorganisation of business organisations and processes and enhanced human ICT-s

Download or read book Government Policy and Program Impacts on Technology Development Transfer and Commercialization written by Kimball Marshall and published by Routledge. This book was released on 2013-02-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, government-funded technologies have produced radar, microwave ovens, modern cell phone systems, the Internet, new materials for aircraft and motor vehicles, and new medical instrumentation. This first-of-its-kind book examines how access to technology is affected by government policies and government-sponsored programs. Government Policy and Program Impacts on Technology Development, Transfer, and Commercialization: International Perspectives provides an easy-to-read overview of the field and several studies serving as examples to guide government policymakers and private sector decision makers. This forward-looking book also forecasts the potential impacts of government regulation upon the field and presents provocative discussions of the ethical implications of the cross-cultural and cross-national challenges facing technologically developed nations in the global economy. This book reviews this broad field by first providing an overview of the goals of government technology policies and programs as well as of generic types of government technology programs. Next, it presents carefully selected studies that illustrate the potential impacts of government decisions upon marketing constraints, industry acceptance of regulatory requirements, economic development, gross domestic product, and the choices firms make when it comes to location, competitiveness, product development, and other factors. The final chapters explore ethical considerations from a global perspective. These chapters also explore the implications of these considerations in relation to the success of governmental and private sector technology transfer and commercialization programs. The macromarketing perspective taken by the contributors serves to ground the impacts of government technology policies and programs in practical implications for economic development, business productivity, and quality of life. The contributors to this unique collection share their expertise on government sponsorship of technology research, the impact of government regulation upon technology marketing and economic development, the effects of government policies on business practices, intellectual property rights, and much more. Government Policy and Program Impacts on Technology Development, Transfer, and Commercialization shows how evolving technology and government policy changes have affected: the commercialization of music—new media, piracy problems, consumer choices and costs, and changes in the radio and concert promotion industries the adoption of new household technology licensure requirements for telemedicine—with an essential overview of telemedicine plus examinations of relevant governmental regulations and potential applications patents, copyrights, trademarks, licensing, and proprietary information scrap tire disposal—new alternatives for a chronic waste disposal problem food product development state-owned enterprises—with a case study illustrating how a stagnant state-owned company quickly evolved into China’s leading firm in the textile machinery field

Download or read book Future Technology Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2019 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assuming that UK high technological automatic manufacturing workers who would desire only to introduce changes in the workings of the international economic order and policies of countries participating in the present economic order rather than change the order itself, what will be UK manufacturers their specific economic preferences in the future? It implies tnat either concentrate on spending more investment to automatic high technological development, e.g. human intelligence automatic high technological products or still concentrate on spending more investment to common traditional technological products.However, UK was a developed Western country which had had strong automatic high technological development effort very long time. Otherwise, it compared to some developing countries, such as Asian China, Hong Kong, Korea etc. Asian countries their future economic growth rate will show un- surprising, different patterns, so the Asian countries has weak effort to invest high automatic technological product development, such as human intelligence technological development. The catching-up process suggests low economic growth rate in the high automatic technological product development to the Asian developing countries in the future.Hence, the future economists predict that it views as probable successors of the Western world economic leadership if any Western country, such as UK manufacturers who prefer to invest to any high automatic technological products development, e.g. developing on human intelligence automatic technological products more than traditional common technological products development. On the one side, but it seems important to stress that two very poor countries among the challengers-China and India-are examples of countries that changed their institutions and economic policies from no or little economic freedom to more economic freedom. Because there two countries whose governments prefer to lend loans to encourage their country manufacturers prefer to invest high automatic technological products manufacturing. On the other side, attitudes toward foreign direct investment (FDI) have undergone change since the 1960 s and a large majority of less developed countries, e.g. China and India are now competing strongly among themselves and with developed market economies for direct investment from multinational companies. So, UK will face China and India high automatic technological product competitors in the future. And in fact, all countries that joined Western developed economies did that without much (if any) external inflow of public resources. It is right time that UK government needs to lend loans to encourage domestic manufacturers to invest high automatic technological products to raise whose international high technological products sale effort to win its future competitors. So, machine resources will be increased demand to o UK manufacturers if who chose to spend machine resources to innovate to manufacture any new and high technological automatic products to raise human daily life needs in the future. It means that it is right time UK manufacturers need buy much machines to prepare to manufacture many future high technological automatic products when these machine prices are low. Because the future global machine prices will possible be raised if many China and India manufacturers will also buy many machines in the future. For example, USA government had provided much financial support to assist sugar cane producers to develop their businesses. And they are dependent to a much larger extent than sugar cane producers and sugar processors in the USA on government. Without very high subsidies to renewable energy generation, they would not have survived at all. So, USA government had been the first country which could lent much financial assistance to encourage domestic renewable energy generation manufacturers to develop high technological energy manufacturing business.

Download or read book Future Technology Development Is Possible to Raise Human Living Standard written by Jonny Ch Lok and published by Independently Published. This book was released on 2018-10-17 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book Future Technology Development and Human Living Standard Relationship written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-12 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book UK Us Future Unique Technology Development Difference written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-02-18 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book Growth in a Time of Change written by Hyeon-Wook Kim and published by Brookings Institution Press. This book was released on 2020-02-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

Download or read book Sustainable Economic Development and the Influence of Information Technologies Dynamics of Knowledge Society Transformation written by Karatas, Muhammed and published by IGI Global. This book was released on 2010-02-28 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides relevant theoretical frameworks and the latest empirical research findings in the area of information technology as it relates to sustainable economic development and the development of knowledge societies"--Provided by publisher.

Download or read book ICTs in Developing Countries written by Bidit Dey and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICTs in Developing Countries is a collection of conceptual and empirical works on the adoption and impacts of ICT use in developing societies. Bringing together a wide range of disciplines and contributors, it offers a rich examination of digital divide and ICT for development both in terms of contextual information and disciplinary perspectives.

Download or read book TWO DEVELOPED COUNTRIES TECHNOLOGICAL written by John Lok and published by . This book was released on 2022-08-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I write this book aims to explain how future technology change will influence human living of standard. I suppose that human living of standard will become better if future human technology will be improved. Otherwise, human living of standard will become worse if future human technology won't be improved, even will be fallen down. I shall give US and UK technologies development past and present evidences to explain how their technologies development will improve human living of standard. I hope readers can make personal judgement to evaluate whether technology development will improve human living of standard. This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth.

Download or read book Catalyzing Development through ICT Adoption written by Harleen Kaur and published by Springer. This book was released on 2017-06-05 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the role that Information and Communication Technologies (ICTs) play in growth and economic development promotion, specifically for developing countries. It highlights multiple methodologies for quantifying the impact of ICTs. This includes quantitative and qualitative methods, but also novel, conclusive and informative methodological approaches for measuring ICTs influence on economic development. The book highlights trends, perspectives, and success stories for different developing countries. ICTs bring new business models, innovations, capital-labor substitution, improved goods and services to developing markets. Because they can spread rapidly, with little cost and require minimal skills for usage, ICTs create a solid background for social and economic gains. They enable significant reduction in information asymmetries, which improves access to economic activities for multitude of agents, fostering participation, inter alias in labor market of disadvantaged societal groups. After almost two decades of rapid diffusion of ICT in developing world, this book seeks to assess the real benefits and consequences of ICTs adoption in developing countries. The chapters use broad, real-world based evidence to provide a better understanding of the precise nature of new technologies and their impact of the country`s economy and society.

Download or read book Technology Development Trend How to Influence Economy Growth written by Johnny Ch LOK and published by . This book was released on 2019-12-09 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: ⦁How smart mobile brings the impact of technology economyThe impact of technology economy in the market is very significant, infusing even the measurement of the market economy. Some of the largest indexes known in the market, such as the Dow Jones Industrial Average (DJIA) and the S&P 500, have changed. Tech powerhouses like Apple, Google, and Amazon, whose stocks are valued much higher than those of many long-time industrial members, are replacing large industrial super companies. Apple, with its high market capitalization, accounts for such a large share of the DJIA, for example, that any hiccup in its quarterly earnings can move the entire index, situation that was once done by other large corporations such as GM and Caterpillar.⦁More on digital transformation:Technology has an amazing power of permeate companies. An important measurement of the technology economy is the observing the Worldwide IT Spending volume, which is regarding the corporate spending for hardware, software, data centers, networks, and staff, both internal and outsourced IT services. Currently, this volume is close to USD6 trillion per year. To put this number on a more illustrative perspective, if we were to consider the global technology economy a country and its yearly spending its GDP, it would be ranked as the world's third largest economy, between the economies of China and Japan and more than twice the size of the UK economy.Technology spending, gross margins and economic growth have a strong relationship when measured by productivity and GDP. A good example is that executives can predict with some accuracy the impact on the overall economy of a decline in technology spending. Whenever companies cut back on discretionary spending in order to improve profits during a downturn, they slash their investments in technology. Soon afterward, GDP falls dramatically, and, within a few years, labor productivity across the economy falls, as technological innovation is an important component of productivity. The drop in technology intensity that results from a decline in technology spending causes the labor force to decrease, which shows up in productivity up to three years later because productivity is a "stickier" measure.As a matter of fact, whenever considering a company's productivity, it possible to observe not only a connection between technology intensity and gross margins but also a strong correlation, which means that technology intensity and gross margins tend to rise and decline together, one as a consequence of the other. It's possible to set as a recent example of this effect before and after the recent world economic crash that started in 2007, when companies were investing more and more heavily in technology relative to revenues and operating expenses, and gross margins were rising. That trend accelerated through 2008 and until 2009, when companies realized what had happened and began to cut technology investment dramatically. After that, technology intensity dropped precipitously along with gross margins.Within most companies around the globe, in every single industry, technology investment is growing faster than revenues and, in many cases, faster than the GDP of any country. It is clear to all companies that technology is vital to to the successful operations of companies and, mainly, to the global economy, but being able to manage technology spending properly within a few years ahead will require an increasingly sophisticated way of looking at the world and at a company's performance.

Download or read book Management of Technological Innovation in Developing and Developed Countries written by HongYi Sun and published by BoD – Books on Demand. This book was released on 2012-03-21 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely accepted that technology is one of the forces driving economic growth. Although more and more new technologies have emerged, various evidence shows that their performances were not as high as expected. In both academia and practice, there are still many questions about what technologies to adopt and how to manage these technologies. The 15 articles in this book aim to look into these questions. There are quite many features in this book. Firstly, the articles are from both developed countries and developing countries in Asia, Africa and South and Middle America. Secondly, the articles cover a wide range of industries including telecommunication, sanitation, healthcare, entertainment, education, manufacturing, and financial. Thirdly, the analytical approaches are multi-disciplinary, ranging from mathematical, economic, analytical, empirical and strategic. Finally, the articles study both public and private organizations, including the service industry, manufacturing industry, and governmental organizations. Given its wide coverage and multi-disciplines, the book may be useful for both academic research and practical management.