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Technology Does Increase Malaysia’s Standard of Tertiary Education.

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Submitted By schian
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Pages 13
Nowadays, technology is growing rapidly and it creates great and modern devices. The growing technology has spread its ability to various fields. Technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a pre-existing solution to a problem, achieve a goal, handle an applied input and output relation or perform a specific function. It can also refer to the collection of such tools, including machinery, modifications, arrangements and procedures. Technologies significantly affect human as well as other animal species' ability to control and adapt to their natural environments. The term can either be applied generally or to specific areas such as construction technology, medical technology, and information technology. Technology has affected society and its surroundings in a number of ways. In many societies, technology has helped develop more advanced economies which including today's global economy and has allowed the rise of a leisure class. (May Principe, 2012) According to Lai Mun Chow and Yap Su Fei (2004), Malaysia is an emerging Asian economy aspiring to move towards a technology-driven and high-tech production-based pattern of development and thus replicate the experience of the newly industrializing economies (NIEs) of Asia. In fact, Malaysia has been categorized in the group of countries that have the potential to create new technologies on their own. The prospects remain promising despite the 1997 Asian financial crisis, although no country in the region was spared. The rapid technological development of the NIEs over the past two decades has caught the attention of both developing and developed economies. Coincidentally, Malaysia and the NIEs are not only located in the same region, but to a large extent have similar economic

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