EFFECTS OF TECHNOLOGY INNOVATIONS ON BUSINESS

Technology has always been the primary driver in industrial shifts throughout history. The Industrial Revolution itself was driven by technological innovation. This paper seeks to determine how modern business practices have adapted to recent technological innovations and how these innovations will...

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Veröffentlicht in:Journal of Business and Behavioral Sciences 2019-04, Vol.31 (1), p.84-101
Hauptverfasser: McKnight, Samuel Tanner, Maniam, Balasundram, Robertson, Joey
Format: Artikel
Sprache:eng
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Zusammenfassung:Technology has always been the primary driver in industrial shifts throughout history. The Industrial Revolution itself was driven by technological innovation. This paper seeks to determine how modern business practices have adapted to recent technological innovations and how these innovations will continue to affect businesses in the near future. The recent effects felt by businesses relate to shifts in industry demands, globalization, and alternative work environments. Upcoming effects for businesses to be aware of are determined based on general business and economic principles and historical trends.
ISSN:1099-5374
1946-8113