Technology is best known for its vital impact on people. We all know how beneficial it is. It serves as an answer to all our daily activities and necessities. It also makes our lives easier and productive which lessen the number of tasks we 're doing. However, although it helps people in many ways, there are still unhelpful things that technology brings us.
Why innovation is important for company? It is because through innovation company can achieve competitive advantage, by innovation in technologies or new ways of doing things. Michael Porter (1990, p75) and also it allows the company to redefine the market place of their favour Rothaermel, F.T and A.Hess ( 2010,pp12-15) , simultaneously create value and fending off competitors’ imitation attempts. Ultimately bring the company to above-average and outstand its peers. Innovation is imperative for economic growth, despite the primary actor for innovation is the firm, leadership is also an important actor.
It is astonishing to perceive how does exploitation of technology has contributed to the development of each and every fields of study. Consequently, innovation in all career sectors came possible while increased the productivity and efficiency in working. It is undeniable that, evolution of technology is the vital key for the progress of the world. Due to that, this era is addressed as the ‘modern era of technology’. This is why people nowadays are so obsessed with technology and dependent on it in order to improve their quality of living.
When creativity flourishes in the minds of the citizens in any specific culture, begins to grow in bigger and better ways because of the different problem-solving methods people can come up with. The different ways that people can solve problems is by thinking differently than other people and having that edge where everyone can showcase their talents to help further the whole culture. A cooperative environment is where ideas tend to flourish because of the need for consistent new ideas and ways to solve problems. Davidson even states, “crowdsourcing means inviting a group to collaborate on a solution for a problem” (51). With her iPod experiment, underway they were “crowdsourcing educational innovation for a digital age for [their] incoming students,” (Davidson 51) which in the end led to many innovative uses for the iPods.
The firm should adapt quickly to the pace of change. Innovation initiatives frequently fail & successful innovators had hard time maintaining their performance. The commonly cited cause for this is a failure to execute. The issue with innovation improvement effort is lack of proper Innovation Strategy. Have transparency and learn from the failures.
It is necessary that representatives of the creative industries create an environment that will activate our senses and emotions, and encourage lateral thinking. Any initiative for innovation (ideas, products, services, etc.) Has little chance of success if it is not provided the correct communication innovation. Innovative communication should include innovation process and to promote the diffusion of innovation (the study of how fast, how and why some innovations spread through the population). The goal of innovation is to promote the integration of communication of all participants through the various translations of specific 'language', strengthen the role of constructive dialogue, building bridges of communication between different disciplines, resulting in the creation of conditions for activating the space for innovation.
According to Rudi Volti in the book “Society and Technology Change, 8th edition,” technological advancement cannot equate or translate to the overall societal development or progress. Focusing on tools of technology in the efforts to assure for quick and reliable service can occur at the expense of other sectors of the general economy. The society is an agglomeration of different divisions or units, and as such, success of one of the components of the society may not directly imply to the improvement of the other units (Volti 9). To apply such a principle to the society, it has been evident that use of state of the art technology and machinery either at hospitals or schools, may still result to unforeseeable challenges. For example, despite the acquisition of strong weaponry and comprehensive surveillance systems in most big cities of the world, attacks on humanity are still being recorded.
Only capital cannot bring development in the country. It is technical progress along with capital which can boost the rate of economic growth. The impact of technology can be judged by the following 1. Use of Natural Resources :- Technology helps to utilize the natural resources like land ,material more effectively. 2.
Technology has become the new ‘it’ thing these days, its influence spreading throughout the entire world like wildfire. Technology surrounds us everyday - we use it to do even the simplest things in daily life. Humans have now become incredibly dependent on technology until it has affected our creativity and communication, whether we realise it or not. I am of the opinion that there are always two sides of a coin, and it ultimately depends on which side we would choose, the good or the bad. The advantages of the application of technology in our lives has enabled us to augment our personal creativity, especially those whose careers or interests lie in the more creative line of work.
As I mentioned, technologies do help us, but it has make our brain lazy to think. If we observe carefully, people nowadays are innovative but not creative. Way back, before technologies are invented, there will be a lot of physicist that keep trying and trying to produce a new idea to improve our lifestyle. In those days, they are creative to connect one knowledge to another, but now humans are getting too pampered by the technologies they have. They no longer have the need or the idea to create new things, the improve the things that are already exists.