this presentation describes various effect in the business if they do not change according to the technology with real examples

1. TIME LAGS IN TRANSFER
OF TECHNOLOGY
(ABSORPTION)
By
Pazhaneraajaa G
17397068

2.  The time lags have been observed between countries in respect of
introduction or absorption of technologies.
 Absorption of technology differ between markets
 Ex: Introduction of TVs in India – Cable TV in India only in 1990s
Black and White TV Color TV

3. Time lag in technology introduction result in some
product not being able to reap the market.
Ex: Electronic typewriter in India
Electric Typewriters Electronic Typewriters Computers

4. Source: https://tundeakingbade.wordpress.com/2012/03/18/nigerias-used-electronics-
refurbishing-sector-generates-50-8m-yearly/
 Company in advanced country
consider developing countries as
market for their obsolete
technology
 Ex: 500 containers of used
electronic equipment enter into
Nigeria each one carrying 800
computers
 Several developing countries
import second hand plant and
machinery.

5.  The developing countries lag behind the developed ones
 Even in developed countries the technology absorption is not
simultaneous and similar

6.  Advancement in the technology of food processing, packaging
and preservation, transportation etc have facilitated product
improvement and marketability of the product.
 Example: In the USA, it is researched that nearly 90% of the
households are using microwave for preparing their evening
meal
 In terms of packaging there is a tremendous move to microwave
containers which offers the consumers the option of using the
package as both the cooking and serving vessel.

7. References:
 http://www.businessinsider.in/These-30-Countries-Contribute-The-Most-
Good-To-The-World/articleshow/37575340.cms#ixzz3Qky3fIGz
 http://www.bms.co.in/time-lags-in-technology-introduction/
 http://www.theclever.com/most-technologically-advanced-countries/
 Business environment by Francis Cherunilam