Technological Environment
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The document discusses the relationship between business and technology and the impact of technology on society and the economy. It outlines the different phases of technological development from nomadic to knowledge-based societies. It also examines issues with technology adoption in India such as low R&D spending, government dominance, weak intellectual property protection, and challenges with absorbing imported technologies.
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Technology in business environment
technological factor in business environment. technological impact, technology transfer , objective and problems in technology transfer
Technological environment
The document discusses the technological environment and the impact of technology. It defines technology and classifies it into different categories. It then describes the five stages of the technology cycle - awareness, acquisition, adaptation, advancement, and abandonment. Next, it discusses the impact of technology in three areas: social implications, economic implications, and plant-level changes. Some key impacts mentioned are increased productivity, need for R&D spending, jobs becoming more intellectual, and changes to organization structure.
Techonological environment
hi frndzz..This presentation is all abt impact of technology in business environment....
(Note : Dont go with text desription bcz some of the ppt r in .jpeg(pic) format)
Be technological environment
Technological environment refers to the state of science and technology in a country, including the rate of technological progress and arrangements for developing and applying new technologies. Technology includes both physical machines and conceptual approaches used to solve problems and advance progress. India has taken steps to develop technology through research institutes, a positive technology policy, growth in information technology, and incentives for domestic innovation. The technological environment presents opportunities for new innovations but also risks from new competitors utilizing new technologies. Businesses must adapt to technological changes in their industry or risk falling behind competitors.
Technological environment
This document discusses the technological environment and the impact of technology. It notes that technology applies scientific knowledge to practical tasks and helps convert ideas into useful products. Technology is constantly changing and has widespread effects that feed on themselves. The impact of technology includes social implications like social changes; economic implications like increased productivity and competition; and changes at the plant level like more complex systems. Technology can change business models, as seen with low-cost airlines and Facebook, and can present opportunities or threats. Developing technology requires in-house research, alliances, or acquisitions. The document also discusses issues with technology policy in India like government dominance, stagnant research, import restrictions, and outdated imports.
Technological environment
The document discusses different types of technological innovation including radical, incremental, and next-generation innovations. It also discusses technological leadership versus followership strategies. Maintaining technological advantages can provide benefits like lower costs and uniqueness that enhance competitive advantage. Sources of technological change include company innovation, customer needs, competition, and government policy. Technology transfer occurs through various methods like training, licensing, and turnkey projects, and is an important tool for multinational corporations and developing countries. The concept of appropriate technology is also introduced, noting that the most advanced technology may not always be suitable for different environments.
Technological environment
The document discusses technology and its impact. It defines technology as the purposeful application of information to design, produce and use goods and services. Technology can be tangible like blueprints or intangible like training methods. It also ranges from highly automated to low-tech labour intensive. The document then discusses how technology impacts areas like the economy, businesses, education, healthcare, defence and India. It analyzes the strengths, weaknesses, opportunities and threats of technological environment through a SWOT analysis.
Technological evironment
This document discusses technology classification and the technology management cycle. It describes core, complementary, peripheral, and emerging technologies. The technology management cycle involves five phases - awareness, acquisition, adaptation, advancement, and abandonment. It provides examples to illustrate each phase and explains how companies progress through the cycle to implement new technologies. Globalization and characteristics of technology are also briefly covered.
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Technology in business environment
technological factor in business environment. technological impact, technology transfer , objective and problems in technology transfer
Technological environment
The document discusses the technological environment and the impact of technology. It defines technology and classifies it into different categories. It then describes the five stages of the technology cycle - awareness, acquisition, adaptation, advancement, and abandonment. Next, it discusses the impact of technology in three areas: social implications, economic implications, and plant-level changes. Some key impacts mentioned are increased productivity, need for R&D spending, jobs becoming more intellectual, and changes to organization structure.
Techonological environment
hi frndzz..This presentation is all abt impact of technology in business environment....
(Note : Dont go with text desription bcz some of the ppt r in .jpeg(pic) format)
Be technological environment
Technological environment refers to the state of science and technology in a country, including the rate of technological progress and arrangements for developing and applying new technologies. Technology includes both physical machines and conceptual approaches used to solve problems and advance progress. India has taken steps to develop technology through research institutes, a positive technology policy, growth in information technology, and incentives for domestic innovation. The technological environment presents opportunities for new innovations but also risks from new competitors utilizing new technologies. Businesses must adapt to technological changes in their industry or risk falling behind competitors.
Technological environment
This document discusses the technological environment and the impact of technology. It notes that technology applies scientific knowledge to practical tasks and helps convert ideas into useful products. Technology is constantly changing and has widespread effects that feed on themselves. The impact of technology includes social implications like social changes; economic implications like increased productivity and competition; and changes at the plant level like more complex systems. Technology can change business models, as seen with low-cost airlines and Facebook, and can present opportunities or threats. Developing technology requires in-house research, alliances, or acquisitions. The document also discusses issues with technology policy in India like government dominance, stagnant research, import restrictions, and outdated imports.
Technological environment
The document discusses different types of technological innovation including radical, incremental, and next-generation innovations. It also discusses technological leadership versus followership strategies. Maintaining technological advantages can provide benefits like lower costs and uniqueness that enhance competitive advantage. Sources of technological change include company innovation, customer needs, competition, and government policy. Technology transfer occurs through various methods like training, licensing, and turnkey projects, and is an important tool for multinational corporations and developing countries. The concept of appropriate technology is also introduced, noting that the most advanced technology may not always be suitable for different environments.
Technological environment
The document discusses technology and its impact. It defines technology as the purposeful application of information to design, produce and use goods and services. Technology can be tangible like blueprints or intangible like training methods. It also ranges from highly automated to low-tech labour intensive. The document then discusses how technology impacts areas like the economy, businesses, education, healthcare, defence and India. It analyzes the strengths, weaknesses, opportunities and threats of technological environment through a SWOT analysis.
Technological evironment
This document discusses technology classification and the technology management cycle. It describes core, complementary, peripheral, and emerging technologies. The technology management cycle involves five phases - awareness, acquisition, adaptation, advancement, and abandonment. It provides examples to illustrate each phase and explains how companies progress through the cycle to implement new technologies. Globalization and characteristics of technology are also briefly covered.
Technological environment ppt
This document discusses the technological environment and its impact on business. It defines technology as the systematic application of knowledge to practical tasks. It notes that the technological environment changes rapidly and affects how resources are converted to output. Adopting new technologies can increase productivity, save time, improve quality and communication, and make marketing and management easier. However, technology transfer between businesses and nations can be costly, issues of appropriateness and dependence can arise, and technologies may become obsolete. Appropriate technology refers to small-scale, locally managed technologies that meet basic needs. The conclusion states that while technology presents risks and opportunities, businesses can leverage changes to improve and create new products and processes.
Technological envt
The document discusses various aspects of technology including its impact on society and business. It defines technology as the systematic application of knowledge to practical tasks. Technology impacts society by enabling new capabilities but also introduces complexity and social change. It impacts business through increased productivity, the need for R&D spending, and changing job skills. Managing technological change within an organization can be challenging due to risks, resistance to change, and the need for new skills.
Technological Change & Its Impact on Business
Technological change impacts business in several ways: it leads to new products and production methods; advances in information technology impact administration, communication, production, storage and distribution through the internet; investment and technological change have a reciprocal relationship where investment enables improvements in technology and improved technology leads to greater investment; technological change results in product and process innovations; and while technological change affects the economy and environment positively, it can also cause unemployment and resource depletion if not managed properly.
Globalisation
This document discusses globalization in the Indian context and its effects. It begins by defining globalization and outlining its objectives such as reducing trade barriers and creating an environment for the free flow of capital, technology, and labor across national borders. It then discusses the types of globalization including political, social, and economic globalization. It also examines India's steps to implement globalization through reducing import duties, encouraging foreign investment and technology agreements. The impacts of globalization in India are then outlined, such as increased trade, growth, and opportunities for women and technology sector. Finally, it discusses some major Indian companies that benefited from globalization and the effects of globalization on business environment through increased competition and awareness of customer needs.
Technical environment ppt
This document discusses the technological environment and its impact on business. It defines technological environment as the combination of external technological factors impacting business operations. It outlines different types of technologies, the technology life cycle process, and technology management. The document also examines both the positive and negative aspects of technological environment on business, such as increased productivity but also job substitution. It discusses dilemmas around technology transfer between organizations and countries. In conclusion, it emphasizes that technological environment has various issues for business and must be incorporated wisely.
Technology absorption & diffusion
- Technology absorption refers to acquiring, developing, assimilating, and utilizing technological knowledge and capabilities from external sources. It involves hardware, software, brainware, and support networks.
- Technology adaptation occurs when parameters of acquired technology are changed to meet local needs or infrastructure constraints.
- Technology diffusion is the spread of new technologies, products, services, or processes from one entity to another over time. It typically follows an S-curve adoption pattern from innovators to early adopters to the mainstream.
- Organizations must properly manage technology absorption with support from management, clear agreements, training, and compliance with government guidelines requiring disclosure of absorption efforts.
Tech. transfer and selection ppt
This document discusses technology transfer and selection. It defines technology transfer as the process of sharing skills, knowledge, methods of manufacturing, and samples between parties to make scientific and technological developments more accessible. Technology selection requires choosing the right technology to meet an organization's needs and business objectives, with deep technical expertise and clearly defined requirements. Some key issues in technology transfer and selection are a lack of training and compatibility with local environments, ineffective planning, impacts on existing economic and cultural systems, and the need for a proper selection process.
Globalisation of technology
The document discusses three definitions of the globalization of technology: 1) the international exploitation of national technological capabilities through exports and licensing agreements, 2) international technology alliances between public and private institutions to share research, and 3) the globalization of innovation across multiple countries through overseas R&D units and patenting. It also examines how technology transactions are increasingly occurring through non-market means within multinational corporations rather than traditional licensing agreements between independent firms.
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The document defines innovation, discusses its importance for competitive advantage and growth, and outlines different types of innovation including product, process, and business model innovation. It also examines linear and interactive models of innovation and introduces innovation management as turning inventions into innovations for sustained competitive advantage. An extensive outline is then provided on topics such as the concept of innovation, models of innovation, and innovation as a management process.
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Technology absorption and acquisition
Technology absorption refers to a firm acquiring technological knowledge and capabilities from external sources. It involves various phases: adoption, where the technology is modified for the buyer's needs; adaptation, where further changes are made to suit local conditions; absorption, where the technology is unpacked and investigated; and optimization, where usage is improved. The process of technology absorption in a project involves formulation, execution, adaptation, absorption, and improvement stages. Benefits include avoiding repeated collaborations, developing ability to unpackage technologies, savings in foreign exchange, and building self-reliance.
Impact of technology on international business
This document discusses the impact of technology on international business. It covers three main topics:
1) It defines different types of technology including product, process, and management technology.
2) It explores the social implications of technology, such as increasing consumer expectations and system complexity.
3) It examines the economic implications, including increased productivity through technology adoption, greater investment needs in research and development, and increased regulation.
LPG policy
The document discusses India's economic reforms in the early 1990s known as Liberalization, Privatization and Globalization (LPG model). It aimed to make the Indian economy faster growing and globally competitive through industrial, trade and financial sector reforms. Reasons for implementing LPG included large fiscal imbalances, low growth, foreign reserves and inflation. The reforms opened the Indian economy through measures like increasing foreign investment, trade, privatizing public sectors and integrating with the global economy. The reforms achieved growth but also had challenges like unemployment and increased inequality.
globalization with social responsibility
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Special economic zone
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To promote authentic Khadi production and curb the operation of bogus Khadi units, the following measures shall be introduced:
1. The Khadi and Village Industries Commission (KVIC) will establish strict criteria for Khadi production units to be recognized as authentic producers eligible for Government rebates and incentives. These may include parameters around raw material sourcing, production processes, record keeping, etc.
2. All existing and new Khadi production units must register with KVIC and satisfy the recognition criteria to be able to claim any
Advantages and Disadvantages of Technology
The document outlines several advantages and disadvantages of technology. The advantages include using the internet for communication, using laptops for creating software, learning to type, accessing updated information from around the world, using cellphones in emergencies, cooking meals quickly, helping with math problems, and easily correcting mistakes. The disadvantages comprise risks of viruses damaging data, health issues from overuse, eye strain, potentially influencing real-life crimes from movies, distraction, laziness in students overcalculating, short cooking times limiting nutrition, accidents from use while driving, addiction interfering with life and wasting time, and phones ringing in class disrupting teachers.
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Corporate Social Responsibility, or CSR, has received growing attention in the past decade. We’ll take a look at the roots of the concept, what it involves and some of the benefits which include lowered costs, improved employee satisfaction and a more positive impact on our world. We’ll also briefly discuss how many external vendors, from local energy auditors to FrontStream with our portfolio of tools, can help you accomplish CSR goals.
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This document discusses the technological environment and its impact on business. It defines technology as the systematic application of knowledge to practical tasks. It notes that the technological environment changes rapidly and affects how resources are converted to output. Adopting new technologies can increase productivity, save time, improve quality and communication, and make marketing and management easier. However, technology transfer between businesses and nations can be costly, issues of appropriateness and dependence can arise, and technologies may become obsolete. Appropriate technology refers to small-scale, locally managed technologies that meet basic needs. The conclusion states that while technology presents risks and opportunities, businesses can leverage changes to improve and create new products and processes.
Technological envt
The document discusses various aspects of technology including its impact on society and business. It defines technology as the systematic application of knowledge to practical tasks. Technology impacts society by enabling new capabilities but also introduces complexity and social change. It impacts business through increased productivity, the need for R&D spending, and changing job skills. Managing technological change within an organization can be challenging due to risks, resistance to change, and the need for new skills.
Technological Change & Its Impact on Business
Technological change impacts business in several ways: it leads to new products and production methods; advances in information technology impact administration, communication, production, storage and distribution through the internet; investment and technological change have a reciprocal relationship where investment enables improvements in technology and improved technology leads to greater investment; technological change results in product and process innovations; and while technological change affects the economy and environment positively, it can also cause unemployment and resource depletion if not managed properly.
Globalisation
This document discusses globalization in the Indian context and its effects. It begins by defining globalization and outlining its objectives such as reducing trade barriers and creating an environment for the free flow of capital, technology, and labor across national borders. It then discusses the types of globalization including political, social, and economic globalization. It also examines India's steps to implement globalization through reducing import duties, encouraging foreign investment and technology agreements. The impacts of globalization in India are then outlined, such as increased trade, growth, and opportunities for women and technology sector. Finally, it discusses some major Indian companies that benefited from globalization and the effects of globalization on business environment through increased competition and awareness of customer needs.
Technical environment ppt
This document discusses the technological environment and its impact on business. It defines technological environment as the combination of external technological factors impacting business operations. It outlines different types of technologies, the technology life cycle process, and technology management. The document also examines both the positive and negative aspects of technological environment on business, such as increased productivity but also job substitution. It discusses dilemmas around technology transfer between organizations and countries. In conclusion, it emphasizes that technological environment has various issues for business and must be incorporated wisely.
Technology absorption & diffusion
- Technology absorption refers to acquiring, developing, assimilating, and utilizing technological knowledge and capabilities from external sources. It involves hardware, software, brainware, and support networks.
- Technology adaptation occurs when parameters of acquired technology are changed to meet local needs or infrastructure constraints.
- Technology diffusion is the spread of new technologies, products, services, or processes from one entity to another over time. It typically follows an S-curve adoption pattern from innovators to early adopters to the mainstream.
- Organizations must properly manage technology absorption with support from management, clear agreements, training, and compliance with government guidelines requiring disclosure of absorption efforts.
Tech. transfer and selection ppt
This document discusses technology transfer and selection. It defines technology transfer as the process of sharing skills, knowledge, methods of manufacturing, and samples between parties to make scientific and technological developments more accessible. Technology selection requires choosing the right technology to meet an organization's needs and business objectives, with deep technical expertise and clearly defined requirements. Some key issues in technology transfer and selection are a lack of training and compatibility with local environments, ineffective planning, impacts on existing economic and cultural systems, and the need for a proper selection process.
Globalisation of technology
The document discusses three definitions of the globalization of technology: 1) the international exploitation of national technological capabilities through exports and licensing agreements, 2) international technology alliances between public and private institutions to share research, and 3) the globalization of innovation across multiple countries through overseas R&D units and patenting. It also examines how technology transactions are increasingly occurring through non-market means within multinational corporations rather than traditional licensing agreements between independent firms.
Technology transfer & acquisition
Types of technology transfer & acquisition; Modes of technology transfer; Importance, barriers & steps in internal technology transfer; Importance, barriers & steps in external technology transfer; Management of technology acquisition by a nation;
Mcom business environment notes
This document provides an introduction to the business environment and its key components. It defines business environment as the combination of internal and external factors that influence a company's operations. The external environment is further divided into micro and macro environments. Micro environment includes factors directly affecting the business like suppliers, customers, competitors etc. Macro environment includes broader factors like economic, political, social and technological conditions. The document discusses the characteristics, significance and analysis of business environment including SWOT analysis. It also explains the internal environment factors under a company's control like vision, management structure, human resources etc. Environmental scanning and monitoring are important steps of environmental analysis.
The Concept of Innovation and Innovation Management
The document provides an overview of innovation and innovation management. It discusses key concepts such as defining innovation, why innovation matters for companies, different types of innovation, and models of the innovation process. The summary is:
The document defines innovation, discusses its importance for competitive advantage and growth, and outlines different types of innovation including product, process, and business model innovation. It also examines linear and interactive models of innovation and introduces innovation management as turning inventions into innovations for sustained competitive advantage. An extensive outline is then provided on topics such as the concept of innovation, models of innovation, and innovation as a management process.
Import of Technology and Technology Transfer
Covers the study of Import of Technology and various levels in technology and problems in transfer of technology
Triple Helix concept
The Triple Helix concept illustrates the shift from industry-government relationships to university-industry-government relationships in knowledge societies. It posits that innovation and economic development arise from hybrid relationships between these three institutions. Specifically, it involves greater university involvement in innovation and knowledge production/transfer, with elements from universities, industry and government combining to generate new social and institutional arrangements. Key aspects of Triple Helix systems include distinguishing R&D from non-R&D innovators, individual from institutional innovators, and relationships that facilitate technology transfer, collaboration, leadership, substitution and networking between the three helices.
Technology absorption and acquisition
Technology absorption refers to a firm acquiring technological knowledge and capabilities from external sources. It involves various phases: adoption, where the technology is modified for the buyer's needs; adaptation, where further changes are made to suit local conditions; absorption, where the technology is unpacked and investigated; and optimization, where usage is improved. The process of technology absorption in a project involves formulation, execution, adaptation, absorption, and improvement stages. Benefits include avoiding repeated collaborations, developing ability to unpackage technologies, savings in foreign exchange, and building self-reliance.
Impact of technology on international business
This document discusses the impact of technology on international business. It covers three main topics:
1) It defines different types of technology including product, process, and management technology.
2) It explores the social implications of technology, such as increasing consumer expectations and system complexity.
3) It examines the economic implications, including increased productivity through technology adoption, greater investment needs in research and development, and increased regulation.
LPG policy
The document discusses India's economic reforms in the early 1990s known as Liberalization, Privatization and Globalization (LPG model). It aimed to make the Indian economy faster growing and globally competitive through industrial, trade and financial sector reforms. Reasons for implementing LPG included large fiscal imbalances, low growth, foreign reserves and inflation. The reforms opened the Indian economy through measures like increasing foreign investment, trade, privatizing public sectors and integrating with the global economy. The reforms achieved growth but also had challenges like unemployment and increased inequality.
globalization with social responsibility
This document discusses globalization and the importance of social responsibility. It provides examples of companies like P&G, Nokia, and Nestle implementing social responsibility programs. While globalization has benefits like economic growth and technology sharing, it also has downsides such as job losses and income inequality between countries. To manage globalization's impacts, universal ethical standards and regulations need to be established to promote social justice and fairness.
Special economic zone
Special Economic Zones (SEZs) are geographic regions that have economic laws more liberal than typical economic laws. SEZs aim to generate economic activity and promote exports by providing tax exemptions, single window clearances, and other incentives.
The document discusses the history and categories of SEZs. It notes that the concept originated with Puerto Rico in 1947 and was later adopted by countries like Ireland, Taiwan, and notably China, which established large numbers of SEZs. The main categories of SEZs include free trade zones, free zones, industrial parks, free economic zones, and urban enterprise zones.
The key advantages of SEZs in India include tax holidays, duty exemptions, simplified procedures
Globalization business ethics
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Here is a draft clause to address the issue of bogus Khadi units operating in India and claiming rebates from the Government of India under the existing Industrial Policy of India:
To promote authentic Khadi production and curb the operation of bogus Khadi units, the following measures shall be introduced:
1. The Khadi and Village Industries Commission (KVIC) will establish strict criteria for Khadi production units to be recognized as authentic producers eligible for Government rebates and incentives. These may include parameters around raw material sourcing, production processes, record keeping, etc.
2. All existing and new Khadi production units must register with KVIC and satisfy the recognition criteria to be able to claim any
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This document discusses the impacts of technology on society and the environment. It notes that while technology has made life easier, it has also increased health risks and pollution. Advancements in areas like transportation, manufacturing, communication and weapons development have led to issues like poor air quality from vehicle and industrial emissions. As trade and commerce have grown due to technologies like faster transport, it has increased the environmental pollution of air, land and water through oil spills and toxic chemicals that harm wildlife.
Needs and importance of corporate social responsibility
Corporate social responsibility is important for several reasons:
1) It helps solve social problems by allowing organizations to allocate resources to issues. For example, companies addressed concerns about aerosol sprays or job satisfaction.
2) It improves a firm's public image and reputation, which can increase goodwill and profits. Initiatives like limiting political involvement or donating to charities reflect positively on brands.
3) Addressing social and environmental issues through CSR helps attract and retain customers, investors, and talented employees while strengthening communities. This benefits businesses in the long run.
Technological Environment
Nepal is transitioning from a rural to urban economy and has a literacy rate of 68.2%. Agriculture accounts for about 40% of GDP and 80% of the population derives their livelihood from it. Technology is viewed as a means to increase productivity by combining resources. Nepal's industrial sector relies on imported and low grade technologies with little focus on R&D. Exports are mainly raw materials and skill development lags requirements. Technology transfer occurs through foreign investment but the scale of projects is generally small. Information technology is increasing access to education and tourism information but remains limited outside urban areas.
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Technological change can have impact on the decisions taken by international business. Technological change can involve:
New process of production: new ways of doing things which rises productivity of factor inputs, as with use of robotics in car assembly techniques which has dramatically raised output per assembly line worker. For example around 80% of technological change has been process innovation.
New products: For example, online banking and many new financial services are direct result of advances in micro processor based technologies.
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The document provides an overview of corporate social responsibility (CSR) through a presentation by R.K. Sahoo on August 14, 2012. It defines CSR as a company's commitment to operate in an economically, socially, and environmentally sustainable manner. The presentation discusses the importance of CSR and outlines how companies can integrate the principles of CSR, such as by respecting human rights, protecting the environment, and contributing to local communities.
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The document discusses the growth of India's IT industry and its advantages for IT exports. Some key points:
- IT exports contribute nearly 65% of the IT sector's revenue and have grown at a rapid pace in recent years. Exports are largely driven by the IT services and ITES-BPO sectors.
- India has a large talent pool, strong English language skills, and significant cost advantages over developed countries, making it an attractive outsourcing destination.
- The IT industry has experienced rapid revenue growth and increased its contribution to India's GDP. Exports have nearly doubled in the last three years.
- Factors like government support, infrastructure development, and economic reforms have helped sustain the
Changing Face V4
This was presented by Micheal Khan at the Innovation Festival at Spier Wine Estate on 8 and 9 March 2010. The sponsor was Cape Biotech Trust to raise funds for the Southern African Innovation Network (SAINe).
2013 cambridge policy directions for innovation in lebanon’s industrial sect...
The document summarizes the findings of a survey of Lebanese industrial enterprises conducted in 2012-2013. It finds that while the enterprises introduce some new products and processes, there is still room for innovation improvement. The main challenges to innovation are high production costs, limited access to new technologies, and inadequate support from the government and research institutions. The document proposes that Lebanon aims to transform into an innovation-driven economy through policies that improve the business environment, support R&D, and encourage non-R&D innovations in areas like management and marketing.
Global Innovation Index 2021 - Vietnam
The 2021 edition of the Global Innovation Index (GII) presents the latest global innovation ranking of 132 economies, relying on 81 different indicators. While tracking the most recent global innovation trends in the new Global Innovation Tracker, this edition also focuses on the impact of the COVID-19 pandemic on innovation.
The GII's overall formula for measuring an economy's innovative capacity and output provides clarity for decision makers in government, business and elsewhere as they look forward to creating policies that enable their people to invent and create more efficiently.
The following table shows the rankings of Viet Nam over the past three years, noting that data availability and changes to the GII model framework influence year-on-year comparisons of the GII rankings. The statistical confidence interval for the ranking of Viet Nam in the GII 2021 is between ranks 42 and 47.
Source: https://www.wipo.int/global_innovation_index/en/2021/
Impact of technology on globalisation
Technological advancements are a major driver of globalization. Technology allows companies to compete globally with less capital investment and travel through knowledge sharing and internet connectivity. There are two modes of advancing technology - innovation of new technologies and adoption of technologies from elsewhere. While adoption enhances living standards, innovation is important for long term growth. Technological changes reduce communication and transportation costs, facilitating global trade networks. Information technology in particular has reduced barriers through tools like the World Wide Web. 80% of globalization is estimated to be technology driven, impacting areas like outsourcing and cultural spread through inventions. Technology transfer aims to increase productivity, encourage foreign investment, and support economic development. However, introducing new technologies takes time and late adoption can limit
Bus_transformation Session 1 ( LECTURE 1).pdf
Ludovic Dibiaggio is a professor of economics and innovation at SKEMA business school who researches topics related to innovation ecosystems and the digital transformation of business. The course he teaches covers various aspects of how digital disruptive technologies are transforming industries and business models. The course examines themes like industry 4.0, artificial intelligence, platforms, digital disruption, and how businesses can strategize to capture value in the digital economy. Students will complete a final team project comparing the business models of a disruptor platform company and an incumbent firm.
Dr. Andrea Goldstein - Industrial Cluster in the Global Economy
This document discusses several topics related to industrial clusters and global value chains. It begins by noting the changing landscape in global trade away from multilateralism towards regional trade agreements. It then discusses the concept of global value chains and some challenges in measuring them. Several case studies are presented, including the global production of a Boeing Dreamliner airplane and a Nokia cell phone. Key points are made about the importance of small and medium enterprises, cluster theory, and examples of regional industrial policies from Korea. Smart specialization strategies and linkages between multinational enterprises and small suppliers are also addressed.
Олег Фиговский
The document discusses Israel's model of using research and development (R&D) and innovation as an engine for economic growth. It notes that Israel spends a high percentage of its GDP on civilian R&D compared to other OECD countries. The Office of the Chief Scientist (OCS) within Israel's Ministry of Industry, Trade and Labor supports R&D through various programs to encourage innovation and collaboration between academia and industry. The OCS aims to develop Israel's industrial R&D infrastructure and transfer knowledge both within Israel and internationally through bilateral agreements.
Competitiveadvantage 110919032458-phpapp02
This document outlines Israel's national plan to promote its high-tech industries from 2011-2012. It reviews the strengths and weaknesses of Israel's high-tech sector and outlines a toolbox of programs. The programs aim to strengthen ties between industry and academia, encourage investment in areas like biotech and financial technology, and promote the growth of startups and large companies. The goal is to maintain Israel's competitive advantage in high-tech and address risks to the industry's continued growth.
Tie kanpur Som Mittal Oct8,2014
The document discusses opportunities arising from disruptions in technology. It notes that many new technologies are being adopted rapidly by consumers, changing behaviors and creating new opportunities. Disruptive technologies are constantly shaping lives and business models. New innovations are not necessarily targeting existing businesses but can end up disrupting them collaterally as behaviors change. The opportunities lie in leveraging these disruptions to develop solutions, products and services tailored for both local and global markets.
Information Communication Technology & Electronics (ICTE)
The document discusses the Information Communication Technology & Electronics (ICTE) sector in India. It provides an overview of the sector's contribution to GDP and manufacturing GDP, as well as employment. The sector aims to achieve a turnover of $400 billion by 2020 through investments of $100 billion. The document outlines several advantages for the sector in India, including a large market, government initiatives, rising costs elsewhere in Asia, and engineering talent. It also discusses current growth drivers like government policies and industry capabilities. However, the sector faces major challenges such as high costs, an inverted duty structure, a lack of domestic components, and inconsistent domestic demand.
Tech Mahindra - Case Study | Zinnov Zones
Zinnov Zones (previously GSPR) is an annual rating from Zinnov for Global Technology Service Providers in the areas of Product Engineering Services, Internet of Things, Media & Entertainment, Retail and Digital Services.
Ai group miicrc intro
Manufacturing makes significant contributions to the Australian economy, accounting for 8% of GDP and employing around 941,000 people. Modern manufacturing has established extensive linkages across the economy as suppliers and purchasers to other industries like extractive industries, agriculture, utilities, construction, and services. Manufacturing has also developed capabilities that are important for Australia’s food security and defense. While the manufacturing industry has undergone shifts due to pressures like a high dollar and high labor costs, manufacturing is transforming not disappearing in Australia. Investment in new technologies and business model innovation are key drivers for successful business transformation and future competitiveness in manufacturing.
EXAMINE THE ROLE OF TECHNOLOGY IN FOSTERING THE GLOBALIZATION
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
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Information Communication Technology & Electronics (ICTE)
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EXAMINE THE ROLE OF TECHNOLOGY IN FOSTERING THE GLOBALIZATION
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More from historica vision edu. pvt. ltd.
Corporate Social Responsibility
Corporate Social Responsibility (CSR) refers to businesses being responsible for their impact on stakeholders and contributing to economic development while improving lives. CSR components include complying with laws, considering environmental and ethical issues, and respecting people. CSR responsibilities include shareholders, employees, consumers, and communities. Businesses benefit from CSR through reputation, relationships, employee satisfaction, and risk reduction.
Emergence Of New India
The document discusses the emergence of new India and the opportunities and challenges it faces. It outlines India's economic history from the first wave of agriculture to the current third wave of knowledge-based development. Major economic reforms since 1991 have shifted India from a socialist planned economy to a more free market system, privatizing sectors and dismantling licenses, permits, and quotas. Upcoming strategic implications include the declining role of government and rise of private firms, MNCs, and economic globalization.
Fera To Fema
The document discusses the history and objectives of foreign exchange regulation in India. It describes how the Foreign Exchange Regulation Act (FERA) was replaced by the Foreign Exchange Management Act (FEMA) in 1998 to liberalize foreign exchange policies as India opened its economy. FERA aimed to prevent capital outflows and regulate transactions involving foreign exchange, while FEMA relaxed some restrictions and moved toward full currency convertibility.
Fdi Of India
The document discusses India as an attractive investment destination for foreign direct investment. It notes that India has pursued economic reforms to liberalize and open its economy. Key points highlighted include India being the second largest emerging market, having political stability and consensus on reforms, and offering a large skilled workforce and competitive advantage for long-term growth. Several studies are cited finding India a promising place for investment in sectors like infrastructure, telecom, and manufacturing.
Commercial Banks
Commercial banks are the oldest and largest financial intermediaries. They are important repositories of public savings and major sources of financing. Banks can create money through the process of credit creation based on their excess reserves. As deposits increase, required reserves also increase, allowing banks to loan out the excess and generate more deposits, multiplying the money supply. Over time, commercial banking has grown in importance to the Indian economy, with banks accounting for over 70% of financial assets and deposits by the early 2000s.
Carbaugh10e Ch08
The document discusses different types of regional trade agreements including free trade areas, customs unions, common markets, and economic/monetary unions. It provides examples like NAFTA and the EU. Reasons for regional trade agreements include economic growth from larger markets and non-economic goals like managing immigration. The EU is analyzed in depth, covering its creation, economic integration including a common currency, and enlargement to new members. NAFTA's benefits and impacts are also summarized.
Business Ethics
Business ethics refers to codes of conduct that guide individuals in their dealings with others regarding what is right and wrong. While ethics are not enforced by law, they are important for both internal and external reasons. Organizations that comply with ethical standards and treat stakeholders like employees and customers with fairness, honesty and respect will be more successful in the long run. Managing ethics involves implementing techniques like codes of conduct, ethics committees and training programs to encourage ethical behavior throughout a company.
Business Charateristic And Goal
The document discusses business environment and its key factors. It defines business environment as the sum of all external factors including economic, political, social, cultural, and international factors that influence a business at the macro and micro level. It also outlines some characteristics of business like change, vastness, diversification, globalization, role of science, information, and government interference. The document emphasizes that corporate managers must account for the nature and business environment when formulating policies and strategies.
Indian Financial System
The financial system of India consists of a variety of specialized and non-specialized financial institutions, organized and unorganized financial markets, as well as financial instruments and services. It includes banking institutions like the Reserve Bank of India and commercial banks, non-banking institutions like insurance companies and mutual funds, and special development institutions focused on sectors like industry, agriculture, and exports. Financial markets in India include money markets, capital markets, government security markets, and foreign security markets. The financial system provides important services to facilitate activities like lending, borrowing, trading, and investment which are essential to the economic development of the country.
Final Unemployment
Unemployment can be categorized into different types:
- Frictional unemployment occurs during the period taken for job vacancies and job seekers to match appropriately.
- Structural unemployment results when job seekers lack the right skills or live in areas with few opportunities, creating a mismatch.
- Seasonal unemployment occurs in industries affected by weather or calendar cycles like construction or tourism.
Haley Powe Point[1]
The document discusses China's use of subsidies to support its economic planning and key industries. It notes that China lacks transparency in its subsidy programs and economic data, making it difficult to analyze the true efficiency and productivity of industries and gauge compliance with WTO agreements. The country's 11th Five-Year Plan indicates subsidies will continue flowing to strategic emerging sectors like renewable energy and to traditional industries competing with Western companies. While some foreign multinationals have found success in China, overall profit margins there tend to be lower than in other markets due to challenges around unreliable economic data provided by China.
India Fastes Growing Economy
India has experienced very rapid economic growth and is one of the fastest growing economies in the world. It is well integrated into the global economy and projected to become the third largest economy by 2032. India has leveraged factors like a young population and continued development to achieve high growth rates. Several Indian companies have become leaders in their industries and many multinational corporations are taking advantage of India's skilled workforce and market opportunities.
Indian Fiscal System
The fiscal system of India is based on the constitution and envisages two levels of government - central and state. The constitution distributes legislative powers and taxes across Union, State and Concurrent lists. The central government's tax revenues come from taxes like income tax, customs duties, and excise duties which are either retained by the center or shared with states. Expenditure consists of revenue expenditure on general, social and economic services and capital expenditure. The fiscal deficit is the excess of total expenditure over total receipts and represents the government's total borrowing requirement.
Industrial Policy
The document outlines India's industrial policies from the First Five Year Plan in 1951 to recent changes in the early 2000s. It discusses the rationale for industrial policies, including balancing development, efficient use of resources, and preventing monopolies. Key aspects of industrial policies over the decades included the public, private, and joint sectors, licensing, foreign investment rules, and the Monopolies and Restrictive Trade Practices Act. Major changes in the 1990s included deregulation, liberalization, allowing higher foreign investment, and reducing the number of reserved industries.
Instrument Of Trade Policy(M)
The document discusses various trade policy instruments and their economic effects. It analyzes how tariffs, export subsidies, import quotas, and voluntary export restraints impact prices and trade volumes in importing and exporting countries. Tariffs reduce trade volume but generate government revenue, while quotas and export restraints reduce welfare by conferring quota rents on foreign producers. Local content rules pass higher costs onto domestic consumers.
Malasiyan Planning
The document summarizes Malaysia's economic development approach which emphasizes public-private collaboration. It discusses how Malaysia transformed from an agriculture-based to an industrial economy through strategic policies and initiatives like industrial clusters. The Economic Planning Unit plays a key role in facilitating long-term development planning in partnership with the private sector to achieve economic and social goals. Privatization of sectors and public-private partnerships were important approaches in development.
Money Supply In India
1. Money supply in India is regulated by the Reserve Bank of India through monetary policy to achieve objectives like price stability, full employment, and economic growth.
2. There is no single measure of money supply - it is measured using aggregates M1, M2, M3, and M4 which include currency in circulation and various types of bank deposits.
3. The growth in money supply must be higher than the growth in real national income to accommodate demand for money from income growth and a shrinking non-monetized sector of the economy.
Presentation Page 232 233
The document outlines guidelines for balancing and diversifying industries, directing scarce resources to priority investment areas, conserving resources, empowering government regulation of private industry, demarcating public, private, and joint sectors as well as industry sizes, using fiscal and monetary policies to prevent monopolies and wealth concentration, and providing guidelines for importing foreign capital.
Public And Private Sector In India
The document discusses public and private sectors in India. It outlines that the public sector aims to promote economic development, income redistribution, employment, and regional balance. Public sector organizations include ministries, statutory corporations, and government companies. Pricing practices vary from administrative prices to cost-plus prices. The private sector grew through privatization efforts aimed at increasing efficiency and competition. Recent reasons for privatization include strengthening competition and improving public finances. Key obstacles to privatization include lack of political commitment and transparency in the process. The document also outlines India's disinvestment process and yearly targets versus actual receipts from disinvestment efforts.
Rbi
The Reserve Bank of India (RBI) is India's central bank. It was established in 1935 under the RBI Act and was nationalized in 1949. RBI regulates monetary policy and banking operations in India through various quantitative and qualitative methods. It acts as a bank for the government and commercial banks and manages foreign exchange reserves and monetary policy tools like bank rate, open market operations, and cash reserve ratio to regulate money supply.
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Technological Environment
- 2. Relationship between business and technology exist J.K. Galbrath : Technology is systematic application of scientific or other organized knowledge to practical task. 1983- As yeas of Scientific Successes Photography : 112 Yrs Telephone : 85 Yrs Steam engine : 42 Yrs Radar : 18 Yrs Transistor : 5 Yrs Technology feed itself. Technology makes more technology possible
- 3. Social Impact of Technology 1 Technology reaches people through business 2 High expectation of consumer 3 System complexity 4 Social change 5 Technological Phases
- 4. Phase Time period Activity Primary skill Nomadic Agarian Untill 1650 Harvest Manual Agarian 1650-1900 Plant and Harvest Manual Industrial 1900-1960 Material Good Manual & Machine Service 1960-75 Focused Services Machine & Intellectual Knowledge 1975-90 Abstractive Work Intellectual and Electronic
- 5. Technology and Economy 1. Increased Productivity Productivity Quality and Quantity Technology
- 6. 2. Need to Spend on Research & Development 3. Technology transfer 4. Jobs tend to become more intellectual 5 Problem of techno structure : ESOP 6 Need for multi professional 7 Increased regulation & stiff opposition 8 Rise and decline of product & organization 9 Insatiable demand of capital
- 7. Technology at plant level 1. Technology and organization structure 2. Resistance to change 3 Problems for importing technology 4 Inability to absorb technology 5 T.Q.M. / B.P.R.E. / F.M.S. 6 Fear of risk
- 8. R & D Expenditure in India India currently spends about 1% of G.D.P. on R & D and Science and technology policy (January 2003) has the target to raise to 2% by 2007. Public Sector= 80%($ 3.2 billion) In developed country 60-80% is by private sector.
- 9. Global evidence suggest that there are great advantage from R&D activity in the long run. In Finland total expenditure on R&D as proportion of GDP rose from 1.5% in 1985 to 3.2% in 2001. During this period ,its export/GDP ratio doubled to 39%, the share of high tech exports in total exports rose from 6% in 1990 to 24% in labour productivity 2001 rose from 40% to 100%
- 10. Various state agencies involved in the clearing Foreign collaboration Agreement for technology Business Ombudsman To deal with complains regarding delay in The clearances in approval of projects. Agency Main feature FIPB To increase F.D.I. through transparent and effective policies FIPC To facilitate FDI & identify area of FDI FIIA To deal with the problems faced by foreign investor in project implementation (IP & ID) To disseminate information about foreign investment climate in country, to coordinate and monitor project for FI SIA To guide the prospective entrepreneurs on foreign collaboration and capital good import RBI To facilitate, promote, and clear FDI in selected area of national importance