Submitted By qy2874
Question: Choose an industry and discuss how technological innovation and industry dynamics have influenced its emergence. (Answer due before 10:00 PM (PST), Sunday, November 18, 2012. No late assignments will be accepted.).
The computer industry is a prime example of technological innovation and industry dynamics. For example due to constant evolution of the processor and its ability to multitask various programs simultaneously to complete complex jobs for let's say engineers, academics and government. We have developed smaller faster desktops and laptops. Consumers are constantly searching for the next best piece of tech, thus creating a want for more efficient and compact hardware. The actors being machine tools and instruments powered with central processing units have dramatically increased efficiency, profits and overall workflow. In turn the computer industry further fuels the software and programmer industry, thus complementing industry dynamics. Universities and venture capitalists have lead the advancement of computers to a level unparalleled. This is due to the fact that universities develop new knowledge that could be a major input to innovation, train human capital that form the backbone of the R&D laboratories of firms, sometimes patent in certain technologies and often are a source of new firms in specific sectors (Malerba, F.). Finally, the role of different institutions — some of them national, other sectorial — has been acknowledged to be relevant for innovation and diffusion in industries (Malerba, F. ). This is especially true for regulations and standards. Standards engineer innovation in computer industries by creating an infrastructure that permits structures of innovations and the success of a critical mass in markets for new technologies.
http://dx.doi.org/10.1016/j.bbr.2011.03.031
Malerba,...
...* Structural dimensions of the firm: Structural dimensions deals with propensity to innovate and effectiveness at innovation. It includes the following terms: Formalization: It is the degree to which the firm utilizes rules, procedures, and written documentation to structure the behavior of individuals or groups within the organization. KFC, McDonalds etc., are well known to the world. To maintain their level over the top they follow set of rules and procedures in preparing their recipes, storing them and serving to people. Following these rules and procedures helps the organization to regulate employee behavior by providing clear expectations of behavior and decision making. Standardization: It is the degree to which the activities are performed in a uniform manner. It ensures the quality levels are met. Standardization is similar to that of a benchmark. KFC or McDonalds have many number of branches all over the world. If any branch does a mistake in some process, then whole unit (KFC or McDonalds) has to face the consequences. Hence, each and every branch has to follow the uniform rules and procedures which we call standardization. To be on the top, organizations have to maintain high level standards. This may limit innovation which doesn't mean that organizations cannot be creative. Centralization: It is the degree to which decision-making authority is kept at the top levels of the firm. In this type of organizations employees do not have authority over the...
Technological Innovations
...Project 2 – Technological Innovations Nathan Brenner Westwood College 2014/05/09 SOCS-299 Abstract The open source software Linux, was introduced in 1991, by Linus Torvalds. He developed the UNIX based operating system because, the education oriented operating system he was working with was not meeting his needs. Linux has grown to be an innovative powerhouse, because Linux is so versatile it can be used in hundreds of applications and shows no signs of age or being outmoded. Technological Innovations The financial burden put on college students is staggering. However, there is one corner that can be cut when deciding what kind of operating system for your computer to purchase. Most people are mundane and choose whatever is pre-installed on the computer they are purchasing, but did you know there is an alternative? When you think of a computer operating system, what is the first thing that comes to mind? Windows? Apple? Did you know there was a third alternative? I am talking about the open source software known as Linux. What is Linux? The actual definition is "a freely-distributable open source operating system that runs on a number of hardware platforms" (webopedia, 2014). The technological advantage that the open source software Linux has given to the world is immense. This open source software has come a long way since its inception in the early 1990's, and has grown to be the most versatile open source operating system to date. Along with its......
...Discussion 2.1 • Considering each technological innovation discussed in the case, identify which has had the biggest influence on the music industry's business model and provide a rationale. The biggest technological innovation that has had the biggest influence on the music industry's business is the ability to download music online. That technology has it so bad to the point that people can get a whole album online without paying for it. Even if the album is purchased online, the is not as expensive as in store. Another reason why it has a big influence in the music industry's business is that once one person buys an album online, they can easily share with many other people with those people paying for the album. • Discuss how the music industry can change their business model to remain profitable. In the age and time, the internet sells everything. So in order to remain profitable in the music industry record companies should cut down on how many CD's are printed. That would also save some money on printing CDs. Record Labels should make digital purchases more accessible and cheaper, that way people would be more inclined to purchase. Although it is very easy to get music online for free, these record labels should stress the benefits of getting music online vs. at a store. They should make it easily accessible to purchase and send music directly to any phone. If music industry adapts to the change in electronics then I believe they will......
...New technologies have changed teaching and learning in a number of ways—from graphing calculators to online lesson plans to virtual field trips and simulated dissections, educational technologies can help students access content in new and often exciting ways. In fact, one would be hard pressed to find a single school that doesn't have access to some kind of educational technology. According to surveys, as many as 95% of schools are connected to the Internet; even at the level of the individual classroom, connection is nearly as universal—close to 75% of classrooms in the United States have Internet access (CEO Forum, 2000). Despite this nearly ubiquitous access to computer technology, however, there is a significant gap between the presence of technology and its usage in the classroom. While some type of technology is present in nearly every classroom in the country, it is rarely used to its fullest potential (Royer, 2002). Some of this discrepancy is due to a lack of comfort with using technology for teaching and learning. Even teachers who are using technology and report a high degree of comfort with technology tend to use it in fairly rigid ways, such as searching for activities to use with students, communicating with other teachers, and word processing (Price, Cates, & Bodzin, 2002). And while students frequently do use computers in the classroom, use is often limited to information gathering and word processing rather than using multimedia tools or digital content to......
Technological Innovations In The Gilded Age
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Is Technological Innovation the Main Source of All Economic Development and Change? How Might Differing Research and Development Systems Influence the Performance of Major Nations
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Technological Innovations During The Gilded Age
...The impact of technological innovations during the gilded age was very strong. Industrialization was a big part in the gilded age, Andrew Carnegie was the power man he was apart of the most biggest and the most helpful of transportation. Andrew Carnegie helped with the transcontinental railroad, he created the railroads and that helped and made the beginning of transportation without him creating that then I have no idea where transportation would look like today. Technological innovations during the gilded age had a big impact in the U.S today, J.P Morgan and Thomas Eddison created the first ever electricity theirs was the DC, without the ideas of Morgans and Thomas Eddisons electricity we would not have that technology today. there...
Case Study on the Danish Wind Energy System
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Impact of Technology
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Bmgt 301 Midterm
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Joey's Bar
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