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
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creator McKnight, Samuel Tanner
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description 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.
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subjects Automation
Communication
Competitive advantage
Consumer behavior
Consumers
Economics
Employees
Employment
Entrepreneurship
Globalization
Industrial Revolution
Innovations
Internet
Productivity
Search engines
Small business
Strategic management
Technological change
Technology
Text messaging
Trends
Work environment
title EFFECTS OF TECHNOLOGY INNOVATIONS ON BUSINESS
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