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A Literature Review: Technological and Communication Innovation

The document discusses technological and communication innovation. It covers how technology drives evolution and proliferation of innovation. Technological advances have impacted areas like communication, healthcare, agriculture and more. The spread of technology and knowledge has intensified with globalization.

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Alliah Gianne Jacela
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48 views3 pages

A Literature Review: Technological and Communication Innovation

The document discusses technological and communication innovation. It covers how technology drives evolution and proliferation of innovation. Technological advances have impacted areas like communication, healthcare, agriculture and more. The spread of technology and knowledge has intensified with globalization.

Uploaded by

Alliah Gianne Jacela
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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A Literature Review:

Technological and
Communication
Innovation

Presented By:
Alliah Gianne A. Jacela
BSA 2A

2021
Technology is a powerful driver of both the evolution and proliferation of innovation.
Technology builds upon itself, enabling innovative approaches within the evolution of
technology. Technological advances, particularly in communication and transportation, further
innovation. Technological Innovation creates a bigger opportunities for business owners,
entrepreneurs to find a new organization and to establish competitive positions. Technological
innovation influences organizational populations profoundly by disrupting markets, changing the
relative importance of resources, challenging organizational learning capabilities, and altering
the basis of competition. Technological innovations plays an increasingly prominent role in the
growth of leading industrial economies. As a result, governments are shifting their attention from
science and technology policy to a focus on research and innovation policy.
Supporting Schumpeter's characterization of technological innovation as a process of creative
destruction, research supports the idea that technologies evolve over time through cycles of long
periods of incremental change, which enhance and institutionalize an existing technology,
punctuated by technological discontinuities in which new, radically superior technologies
displace old, inferior ones, making possible order-of-magnitude or more improvements in
organizational performance (Tushman and Anderson 1986).
Technological globalization is speeded in large part by technological diffusion, the spread
of technology across borders. In the last two decades, there has been rapid improvement in the
spread of technology to peripheral and semi-peripheral nations, and a 2008 World Bank report
discusses both the benefits and ongoing challenges of this diffusion. In general, the report found
that technological progress and economic growth rates were linked, and that the rise in
technological progress has helped improve the situations of many living in absolute poverty
(World Bank 2008). The report recognizes that rural and low-tech products such as corn can
benefit from new technological innovations, and that, conversely, technologies like mobile
banking can aid those whose rural existence consists of low-tech market vending. In addition,
technological advances in areas like mobile phones can lead to competition, lowered prices, and
concurrent improvements in related areas such as mobile banking and information sharing.

The new technology can either be competence-enhancing, building on existing knowhow


and reinforcing incumbents' positions, or competence-destroying, rendering existing knowhow
obsolete and making it possible for newcomers to become technologically superior competitors.
Innovation is a socioeconomic process that leads to the observed exponential growth in value or
performance of high priority capabilities. The divergence of innovative capacity in different
societies can be understood in terms of social capital and public policy. National systems of
innovation reflect these differences. The technological ferment spawned by the discontinuity
ends with the emergence of a dominant design, a single architecture that establishes dominance
in a product class (Anderson and Tushman 1990), and technological advance returns to
incremental improvements on the dominant technology. 

One of the areas where technology has made the biggest impact is in the realm of
communication. Conversing with people outside of your immediate vicinity was once a difficult
process, requiring physical letters and a lot of patience. Technology has had a huge impact on the
healthcare industry. Advancements in diagnostic tools permit doctors to identify health problems
early, improving the odds of successful life-saving treatments. Technological advancements in
agriculture have increased food production. In so many areas of our lives, critical time-
consuming processes can now be executed with ease – and in a fraction of the time they once
required. Advancements in technology have improved virtually every aspect of our lives, and the
best is yet to come.

We find that the spread of knowledge and technology across borders has intensified
because of globalization. In emerging markets, the transfer of technology has helped to boost
innovation and productivity even in the recent period of weak global productivity growth.
Technology has made great progress not only in daily life but also in medical field. People can
be treated more easily thanks to technology and can stay in hospital environment more
comfortably. Another benefit of technology is that it can quickly convey human thoughts to other
people.

REFERENCE
 Tushman, M.L. and Anderson, P. (1986) Technological Discontinuities and
Organizational Environments. Administrative Science Quarterly, 31, 439-465.
http://dx.doi.org/10.2307/2392832
 World Bank. 2008. Global Economic Prospects 2008 : Technology Diffusion in the
Developing World. Global Economic Prospects and the Developing Countries
(GEP);. Washington, DC : World Bank. © World Bank.
https://openknowledge.worldbank.org/handle/10986/6335 
 Anderson and Tushman (1990) propose a cyclical model of
a technological life cycle(TLC).

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