Discuss three ways that technological innovation has worked to the Essay

Discuss three ways that technological innovation has worked to the detriment of organizational dynamics or to the detriment of s - Essay Example Take the case of patent applications. Technological innovation has been linked to the increase in patent applications. This is due to the extension of patent domain to new objects such as research tools, software, business methods, artificially engineered organisms and genes. Moreover new players like public agencies and universities have also entered the patent domain thereby making the market more competitive. In the past twenty years, we have witnessed a rapid growth in the rates of patents which also includes patenting the scientific resources and results. It has been observed that the patent applications from US corporations conducted from 1988 – 2000 have more than doubled. In other words, patents have acquired strategic value. A classic example in this context is that of Texas Instruments. This company is estimated to have profited around one billion dollars from patent licenses and settlements due to its aggressive enforcement policy. The above mentioned aspects have l ed to an increase in the patenting rates. This has subsequently increased the litigation expenses. According to the US Department of Commerce, patent litigation that commenced in the year 1991, led to an overall legal expenditure by US firms which were at least 25% of the cost of basic research conducted by these firms in 1991 (Dosi, Marengo & Pasquali, 2006). An important breakthrough in technology is the invention of computers and other advanced tools which provides accurate and fast results. Advanced and innovative software has provided us a platform to interact online with each other. The advent of e-mail, intranet, social networking tools like Facebook, Twitter etc. has made it possible for people to interact online. Previously, people used to meet each other and visit their close friends and relatives. Occasions such as birthdays, anniversaries were celebrated and people visited each other in person. However, with the advent of online tools people no longer care to visit their close friends and relatives. Instead they interact with them online with the various internet tools that have been invented. Nowadays, these tools are a means to keep in touch with each other and hence face-to-face interaction has lessened to quite an extent. Another negative effect of computers is that it has led to reduction in manual labor. Previously, all types of work needed to be done manually and this meant higher demand for laborers. With automation, the entire scenario has changed. Many people may argue that the job market has become more competitive with all firms struggling to put in their best to remain in market. However, the newspaper industry has been hit very hard as technological innovation has paved the way for advertising and market promotion actions through the web. Nowadays firms and organizations prefer to promote their products and services through the internet, online magazines and brochures which have a wider public appeal. This is one of the main reasons w hy most newspaper firms have ceased to remain in the market and in most countries it has been observed that only a handful of such companies remain in market. Technological innovation is a vicious cycle. Take the example of the automobile industry. With the advances made in technology, new automobiles are being designed taking into account the consumer comfort and luxury. In most countries people consider car to be a necessity as they prefer to commute driving their own automobile. This has led to an increase in the pollution levels

Operations Management Term Paper Example | Topics and Well Written Essays - 2250 words

Operations Management - Term Paper Example The outputs will be the various types of lighting products such as bulbs and light lambs. The main focus in measuring productivity will be on our total productivity in which case all inputs and outputs will be considered (U.S. Dept. of Labor Bureau of Labor Statistics, 2014).     Measuring productivity will be important since it is the best way to know whether we are making progress or not. Essentially, when a manufacturing company wants to boost its competitiveness, it has to invest a significant amount of money in methods that attract production and office efficiencies. This usually calls for external consultants and cost accounting experts (Brynjolfsson, 1993). For this business, measuring productivity will not demand the help of external consultants. The main objectives of the manufacturing business are to create high demand through the manufacturing and distribution of quality lighting products to our customers, but we do not want to create extra expense doing this since the skills to achieve this goal are available. However, the high demand has to be met (Chew, 2015). This implies that our production has to meet the existing demand for our lighting products. To achieve this, we plan to come up with an effective way of monitoring our total productivity by measuring it.   To measure our business productivity, we intend to define our inputs and outputs by determining their economic value. In this regard, the business aims to look for highly qualified personnel to achieve the most efficient human resources possible.