World Business Expo

The productivity of a country is measured according to their ability to meet the needs of its population and its economy, which grows according to the technological innovations developed by its researchers.

No assimilating the end of economics as a science, but as an activity by which man seeks to produce scarce goods and services to meet your needs.

The economist Adam Smith in the middle of the eighteenth century noted the change of technology is an important factor for production.

Marx in the nineteenth century has the view that technological advances and industrial production moved the work of man.

The economist Schumpeter in the late twentieth century with technological innovations is essential to economic development, trade benefits and so, publish abundance.

Today with the free trade and globalization comes the need to exchange the products and processes between countries to meet national and international demands, thus further shows the importance of technological development and innovation worldwide.

Throughout history we can see how the inventions and technological innovation changes everything because it has always been linked to the evolution of society from the Stone Age, the era of iron, bronze age, the revolution industrial, nuclear power, to one of the great revolution of information and communication technologies, biogenetics, nanotechnology and other forms that will come with more time passes and science and technological innovation evolves along with society.

If we see we have moved from large cities to smaller clans and needs have grown and are not only needs to survive, if not a better quality of life. But what has not changed is our creative development and innovation of products or processes, and these in turn lead to other technological innovations that help to meet the new demands of society itself as this evolves.

Among the technological innovations that are essential in everyday life could mention the microwave oven, washing machine, canned and frozen food, TV, PCs, automobiles, electronic money, mobile phones, email, software edit any text, imaging technologies in medicine, or CT, the usefulness of lasers, industrial robots, drugs and synthetic hormones, among others who find in each of the corners of our homes and surroundings.

Technological innovations according to the time they are generated are the product of existing ones together with the needs of individuals and their lifestyle in terms of food, health, communication, entertainment, commerce and other needs more.

I can conclude that technological innovation is the driving source for social and economic development of any organism may be that any organization (public or private) and/or country. Able to adopt an innovative attitude and a commitment to research and development of technological innovations combining their financial, commercial and administrative perspective of the continuous improvement (organization or country) in its processes, procedures, products or services to meet demands for scarce resources, achieving a high degree of competitiveness and offering a better quality of life for people.

credit to: Lic. Irma Hernández Balderas
Source: www.gestiopolis.com/innovacion-emprendimiento/innovacion-tecnologica-desarrollo-socioeconomico.htm
image source: www.theodoresworld.net/pics/0309/climateplanImage4.jpg

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