The impact of information technology, innovation and entrepreneurship on economic performance is the subject of heated debate. This special edition of the Science, Technology and Industry Outlook takes a closer look at the ways in which these factors are evolving and how they relate to each other.
This volume describes the main trends in industries and businesses supplying IT goods and services. It looks at the impact of IT diffusion and applications, as well as the growing importance of network effects as the use of IT expands.
The grandest accomplishments of engineering took place in the twentieth century. The widespread development and distribution of electricity and clean water, automobiles and airplanes, radio and television, spacecraft and lasers, antibiotics and medical imaging, computers and the Internet are just some of the highlights from a century in which engineering revolutionized and improved virtually every aspect of human life. In this book, the authors provide a glimpse of new trends in technologies pertaining to devices, computers, communications and industrial systems.
The Global information Technology is published by the World Economics Forum where it is a special project within the framework of the Global Competitiveness Programme. The GITR is the result of a collaboration between the World Economics Forum, infoDev and INSEAD. Firs published in 2001, The global Information Technology Report has become the most authoritative and comprehensive assessment of the networked readiness of national economies araund the world. The Report has since expanded its coverage this year to 102 countries, The Report, which captures new insights and best serve as a tollo for policymakers and business leaders. The overall goal of the Reports is to establish a process whereby key stakeholders con evaluate progress on a continual basis.
Innovation, generally based on curiosity and intuition, is defined as a discovery, invention and an R&D process that brings solutions to a social, environmental and technological problem and also that creates value and meets communal needs in product, process, market, organizational and socialfields. All over the world, investments are based on capital accumulation; the idea of having more output with less input is based on production info; and technologies, production volume, the rise of motivation are based on labor force and therefore, they are all accepted as indicators of economic growth. Capital accumulation, technological developments and increase in labor force constitute the main dynamics of growth of the global world economy. Technological progress doesn’t only provide high output and productivity but it also creates economic growth. Since growth in economic sense corresponds to the rise in tools and products that are used to meet human needs, innovations create new employment and business lines at this point. On the other hand; innovations, in social sense, fight against poverty, inequality and also exclusion being related to them. Innovations offer technological, effective, productive and sustainable solutions to these problems in social sense. While developed countries that are more advanced in technology and economic growth, constitute only one fifth of the world population, they use four of five of the world resources and therefore, the gap between developing countries and them is increasing everyday. This situation is seen as an obstacle in front of the aim of a sustainable world. Since the direction of technological innovation is determined by social and economic needs, innovation types such as radical (disruptive), incremental, contrary, operational and marketing innovations create an effect of leverage with its niche role in sustainable development. Many problems, which are untouched in economic, social and technological senses and also which are seen desperate to solve, can only be solved through paradigm-shifting and disruptive (radical) innovations that should be applied in a way that will break the existing taboos. Disruptive innovations create new business lines by bringing radical solutions for the problems that seem unsolvable and stepwise (incremental, staggered) innovations strenghten the sub-innovations in these new businesslines. At this point; opening the way for innovations, attaching importance to creative ideas to increase efficiency, evaluating the contribution of innovation and also managing the processes well are quite important in innovation management. The authors in this book consider innovations in different fields by evaluating the effects of innovations on labor market, society and economy in order to manage the process well and contribute to it
The OECD Science, Technology and Industry Outlook 2004 provides a comprehensive review of important trends and developments in science and innovation policy. It identifies key changes in science, technology and innovation policies in OECD countries and the factors driving them.
