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.
Technological change is central in explaining industrial leadership, but the relationships and interactions between scientific research, industrial innovation, and competitiveness are neither clear nor straightforward. Public research funding and business strategy dictate to a significant extent the manner in, and extent to which innovation occurs within the economy. This book analyses the role of technological change in the competitiveness of firms and national economies. This includes an examination of: * the roles of RandD spending, and the organisational and technological capabilities of firms in the encouragement of innovation; * the way institutions in various nations differ in the way in which they encourage - or discourage - innovation; and the way in which different industrial sectors provide - or fail to provide - incentives to innovate; and * the ways in which trade, the operation of multinationals and international trade negotiations influence national production and innovation systems . The book combines insights of innovation scholars with those from business history, sociology and economics, in exploring the relation between organizational structures and the process of innovation. It places the analysis of innovation within an international perspective and gives historical and current examples of the interaction between organisational and technological capabilities, industrial and innovation policies and economic performance. Examples aredrawn from a range of sectors (services, pharmaceuticals, construction, chemicals) and a range of countries (including the UK and other European countries, the USA, East Asia and Latin America).
Online business has been growing progressively and has become the major business platform within the past two decades. The internet bulldozed the development of new business models and innovations that substantially changed the way businesses run today. This led to a growth of advanced technologies used in online business such as data analytics, machine learning, and artificial intelligence. With higher internet connectivity and the exponential growth of mobile devices, shopping processes and behaviors were significantly affected as people are consistently connected online. Consumers can easily gain helpful product information and retail competitor information in myriad online channels. This led to a profound effect on businesses where they began to invest in new technologies and business practices that aim to align with the effects of globalization. Given the rapid technology advancements, both businesses and customers are presently experiencing an exponential upsurge in the implementation of new business processes and models. Impact of Globalization and Advanced Technologies on Online Business Models explores the ever-changing field of running an online busines and presents the current issues and challenges in online business triggered by global shifts in the online environment and technological changes. The chapters draw from a wide range of technologies used in today’s digital marketplace as well as recent development and empirical researches on online consumer behavior. As such, this book aims to contribute new dimensions in managing advancements in online business triggered by global and technology transformation. This book is ideal for executives, managers, IT consultants, practitioners, researchers, academicians, and students interested in globalization and the new technologies affecting online business models.
This work focuses on researching and establishing the importance of human capital and innovation as determinants of competitive advantages in international trade—in the context of rapidly evolving technological advancement, globalization, and economic integration. The processes that accompany the shift from industrial economics to a knowledge-based economy are currently the object of interest of both scientists, politicians, investors and entrepreneurs. In many countries, the traditional sources of socioeconomic development, such as low labor costs, availability of inexpensive raw materials, and favorable geographic location are waning. These economies are searching for new sources of competitive advantage that will allow for maintaining growth, among other things by boosting participation in international trade. The book explores non-traditional drivers of competitiveness in both theory and practice. First, chapters 1 through 4 present theoretical and methodological aspects of the relationships among international trade, human capital and innovation. Here the authors address the controversy associated with the concept of competitiveness itself and its measurement, while paying special attention to the political development of comparative advantages related to international trade. The second part of the monograph, chapters 5 through 8, is of empirical nature. This section contains case studies of selected countries that represent models of various national innovation systems. Finally, the theoretical and practical aspects are integrated, allowing policymakers and financial and business leaders to consider how their decisions can influence their countries’ competitive positions through their investments in innovation and human capital.
The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.
This book analyses how high technology production has shifted from a regional to a global scale. Using the example of semi-conductors it illustrates the interaction of the developed industrial and developing industrialising nations. This book should be of interest to lecturers and students of international economics and international business, professionals dealing with multinationals.
"This book critically examines the synergy of technology use and conventional wisdom in retailing and explores contemporary changes determining higher customer value,"--Provided by publisher.
The New Economy in Development presents conceptual and empirical analyses of the opportunities offered by information and communications technologies (ICT). Contributors include scholars and policy makers from international organizations, and the chapters include understudied cases from Africa, Latin America, Eastern Europe and Asia.
