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What Fuels Technology Growth and Is This Growth Global or Is It Isolated to a Few Countries.

In: Business and Management

Submitted By kmonahan
Words 622
Pages 3
Discussion Board 3
Kevin Monahan
Liberty University

Dr. Katy Henry
November 23, 2014

What fuels technology growth and is this growth global or is it isolated to a few countries. By today's standards, the answer would be people who have a strong, sincere desire and those with the ability to benefit from the speed and evolution in technology advances. It could be business, government or private industry. "The dominant feature of technology is change and then more change." (Lawrence, Weber 2014) Although, even poor poverty stricken countries can gain enormously from technology advances, social networking and sharing of information such as a remote area that doesn't have the means to get clean water, medicine, food or supplies. Government, private investment firms and business investors all have a vested interest in see the advances of technology such as the internet as it continues to expand to all corners of the globe. According to the Office of Management and Budget, "The Federal Government largely has missed out on that transformation due to poor management of technology investments." (OMB, 2014) What is interesting to know is that our government is behind in the advances of technology partly due to the outdated and mundane process of purchasing, deployment and setup of computer systems. One reason for this is that company/vendors that apply or bid on government contracts look to cash in on the governments big bucks and then line their pockets as well, all too common occurrence due to old process and outdated regulations that sorely need to be changed. The medical field is another area that has come a long way with technology, medical records are now store on large data bases which allows for a physician to readily access and see all the patients history. Unfortunately there is always some drawback when auditing the patients records and by human error, an accident when information is entered that belongs in another patients records. The ability to share this information half way across the world as a patient finds themselves in a medical crisis can be the difference between life and death. "There is substantial evidence, from countries of different sizes and different regions, that as countries "globalize" their citizens benefit, in the form of access to a wider variety of goods and services, lower prices, more and better-paying jobs, improved health, and higher overall living standards." (IMF staff 2014) Skills and education are necessary to the overall growth and advancement of technology of developing countries. Gross Domestic Product is a factor because you need a labor force, equipment and of course growth. As a result there are a few countries that push or suppress the technology and are slow to acquire beyond basic essentials and they appear to be in no hurry for technology advances. It is interesting to see the technology advances that have come since the beginning of time. Certainly for the business community to continue to deliver its products and services there is a need to develop the supply chains and process while taking care of our environment around us, all done a lightening speed and precision. Genesis 11:6 And the Lord said, "Behold, they are one people, and they have all one language, and this is only the beginning of what they will do. And nothing that they propose to do will now be impossible for them."

REFERENCES
Lawrence, A., Weber, J. (2014) Business and Society, Stakeholders, Ethics, Public Policy, Fourteenth Edition, McGraw Hill
Office of E-Government & Information Technology, Office of Management and Budget, Retrieved from http://www.whitehouse.gov/omb/e-gov/
Globalization: A Brief Overview, International Monetary Fund, IMF staff, 2014 Retrieved from https://www.imf.org/external/np/exr/ib/2008/053008.htm

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