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Full-Text Articles in Social and Behavioral Sciences
Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni
Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni
International Review of Business and Economics
Traditional models (presented before 1980s) which claimed to explain the reasons and process of economic growth had rarely considered improvement in quality of technology (or innovation) as the main reason for economic growth. Most of the traditional models such as Harrod-Domar, Lewis etc focused on Capital (K) as the famous factor of production that individually suffered from the diminishing marginal productivity. In fact, the famous Neoclassical model of economic growth (Solow version) assumed that both traditional factors of production such as Labor (L) and Capital (K) go through decreasing returns to scale, which means by just applying more capital, or …
Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D
Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D
International Review of Business and Economics
Technology is the essence of change in business and society. In this paper we can learn about technology, its characteristics, its historical phases and how innovation is fuelled today. Technological advances in the modern world have created new business opportunities. Leverage advanced tools to rise above the competition. Technology has revolutionized the way companies conduct business by enabling small businesses to level the playing field with larger organizations. Businesses nowadays, whether it is big or small, also rely on the help of technology.Mostcompaniesdepends their daily operations on the use of technological innovation such as computers, internet connection, printers, applications, and …