Innovation, Technology Essay Example | Topics and Well Written Essays - 4000 words

Innovation, Technology - Essay ExampleThe objective of this typography is to determine whether engineering science significantly impacts the core strategies and organization of companies to the extent that it should be considered as the primary gist of initiating innovation or development. For the purpose of this study, The validity of the statement will consider in both common as well private enterp face liftings from small to large scale. In the course of the discussion, the research will excessively determine effective applications of technology, how it is changing markets and industries and the developing challenges for companies with its utilization.The application of technology necessitates a study of the relationship of productiveness and technology. The debate on whether productiveness paradoxes really do exist has become an issue for analysts and managers once to a greater extent with the shift towards digitization. Consider the implications of the productivity paradox or the Solow computer paradox that Robert Solow theorized in response to the mechanization of clerical work. According to Solow that, You can see the computer age everywhere but in the productivity statistics, (Greenan et al, 2002, p. 42). The productivity paradox implies that as technology is introduced to a system, in single outicular information technology, work productivity decreases (McGovern, 2001). If the paradox is to be accepted as true, then technology contravenes productive strategies. However, Dusharme (2001) points out that these impacts ar part of the process of adaptation, similar to competency development learning curves. Furthermore, Suter (2007) points out that many companies have considered alternatives to techno-based strategies because of the cost of executing as well as discrepancies in information literacy in international markets. In Tubbs and Schulz (2006) study, he reason that lags in productivity in technology-related initiatives can be attributed to the lack of channels where the technology can be learned or used. Explanations for the decline in productivity pointed out the need for technology to be customary before it impacts productivity significantly. Thus, afterward adaptation to technology creates less vulnerability to productivity paradoxes the implication is that later access to emerging technologies, with the assumption that there has bee growth in software and applications available, is a more practicable choice to ensure productivity.Technology and Business OperationsAccording to there should be a credit that the technology is a tool and the degree of its impact is dependent on other strategies (Womack et al, 1991). The bulk of technology adaptations and strategies have focused on information and communications technologies. Among the benefits that have been seen is the increase in communication and networking cognitive content technology provides (Insinga & Werle, 2000). For example, the utilization of VOIP (voi ce over internet protocol) operations has become critical in the management or trafficking PSTN calls locally and internationally as well as mobile communications IP Multimedia Subsystems (IMS) are providing platforms for the incorporation of internet technologies with business operations as well facilitated the actual interface of VOIP infrastructure with PSTN and the rise of network societies, referring to online communities and feedback systems,