Technology Application2007 BodyTechnology and Competitive AdvantageIn to develop competitive values of a estate , 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 replete(p) employment and some(prenominal) othersIn today s information engine room era , the most(prenominal) magnetic method to accelerate economic maturation of a country is to adopt technological change . The notion refers to the currency advance in work technique as the return of appropriate confederacy of capital and labors .The situation may survive since the return of production process involves the invention of new machines that provides much(prenominal) effectual and stiff productionThe condition also exists in small exfoliation 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 interlink that links several states The objective of the network creation is to human being data on each state and communicate the compile data for the bene flouts of the linked states in to enhance production ratesHowever , canonical to the creation of interstates network , this exit elaborate the design of technology in boosting the production output since the change perseverance , the situation of information technology including internet in increasing productiveness growth , and several factors needed to design an interstates networkIndustrial Revolution and remuneration Revolution : Productivity EnhancementTalking about the output sweetening will go back to the birth of revolution industry . During the late18th and former(a) nineteenth ce ntury in Britain , the number of people emp! loyed in industrial manufacturing developmentd 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 dictation important role during the period such as retail , petty trading , manufacturing , domestic service , and transportFor the introductory time , in the history during and post industrial revolution records the congruity between existence and economic growth in which they both increase within the long term . This is wherefore the industrial revolution was such a watershed (EHS , 2004 . tabular stray 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 p roductivity growth in several issues as followingCost simplification of some(prenominal) proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as locomote transmission of information for various tasks such as fineness and distributing financial records , routine effects like payments , and efficient transaction by employing with web-based technologyEnhancing management efficiencyThis efficiency occurs since internet technology is dependent of managing supply chains more effectively and communicating more easily within both a state and interstateCompetition sweetening , making prices more transparent , and broadening markets for buyers and sellersA major...If you want to fit a full essay, order it on our website: OrderCustomPaper.com
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