Sunday, 29 March 2015

Technology, Globalisation and Economic Performance

'Some authors have claimed that the current process of globalisation is eroding the significance of nations as meaningful subjects of technological change ... Others, on the contrary, have argued that the significance of globalisation has been overemphasised since the bulk of firms' innovative activities are still carried out in their home countries' 

D. Archibugi and J. Michie (1997) Technology, Globalisation and Economic Performance, Cambridge University Press, page 2

I feel that technology has developed because of the ability to mix theories and practice with other nations easily due to globalisation allowing access to countries through the means of Tavel or Technology. And even though a firm stays within its own home country does not just mean that this is less globalised due to the workers possibly being from other countries to develop and improve there business/ firm.

2 comments:

  1. It does make it easier to talk to people but in the same vain, it has removed face to face communication and the some of the crucial parts of human existence. It's a dual edged sword because it will benefit some industries that don't need a home base location aka virtual businesses

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  2. It is so easy in this day and age to just travel somewhere overseas and bring back lots of goods/information with you. Technology has also made it very easy to communicate with other countries and we are constantly being influenced by other cultures without even realising it. A lot of companies create products that are used and sold in many different countries without the consumer giving a thought to where it originated from. I do agree with James on the fact that face to face communication is getting used less and less and the way technology is going, most people can be sat in the same room as each other nowadays and still choose to contact each other via their phones!

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