Technology Application2007 BodyTechnology and Competitive AdvantageIn to develop competitive receiptss of a land , the demesne s government may adopt appropriate strategies such(prenominal) as policies to use suitable engineering science to produce to a greater extent output , policy to ontogeny bounteous employment and some(prenominal) othersIn today s information engine room era , the nearly magnetic method to accelerate economic maturement of a country is to adopt technological change . The notion refers to the hard currency advance in work technique as the essence of appropriate confederacy of capital and labors .The situation may be since the value of production process involves the invention of new machines that provides much(prenominal) in effect(p) and stiff productionThe condition also exists in small scurf worry states or provinces or in corporations levels . Concerning the use of technology in accelerating production output and thus competitive advantage , this ordaining provide suggestion in developing a communicate that links several states The objective of the network creation is to erect data on each state and communicate the receive data for the bene curbs of the linked states in to enhance production ratesHowever , throwing to the creation of interstates network , this exit elaborate the design of technology in boosting the production output since the change patience , the lineament of information technology including internet in increasing productiveness growth , and several factors needed to design an interstates networkIndustrial Revolution and pelf Revolution : Productivity EnhancementTalking about the output sweetening will go back to the birth of revolution industry .
During the late18th and former(a) nineteenth century in Britain , the number of people employed in industrial manufacturing outgrowthd significantly especially in textiles industry to fulfill some(prenominal) overseas and domestic markets (EHS , 2004The productiveness growth also exists because working universe move into towns across the Britain and shrink from important role during the period such as sell , petty trading , manufacturing , domestic service , and transportFor the introductory while , in the history during and post industrial revolution records the amity between state and economic growth in which they both increase within the long term . This is wherefore the industrial revolution was such a watershed (EHS , 20 04 . tabular regalia 1 shows the relation between the advancement of technology and population growth to the growing number of outputIn addition to the capability to increase output , the use of technology also provides the productiveness improvement . Litan and Livlin reveal that the use of Internet has the potential to increase productivity growth in several issues as followingCost diminution of many proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as temporary transmission of information for various tasks such as take and distributing financial records , routine motions like payments , and efficient transaction by employing with web-based technologyEnhancing management efficiencyThis efficiency occurs since internet technology is open of managing supply chains more effectively and communicating more easily within both a state and interstateCompetition sweetener , makin g prices more transparent , and broadening markets fo! r buyers and sellersA major...If you want to fit a full essay, order it on our website: OrderCustomPaper.com
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