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Essay On Innovation

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The rate of innovation is said to be approaching an all-tome low point similar to the Dark Ages, that is, zero. However, there is a large border between innovation in the past and innovation today. This is because major branches of technology have already been discovered. One example of a major branch of technology is ICT. Consequently, Computer Science and the Internet could revolutionize the modern world and make tasks, known as difficult beforehand, simpler and could potentially increase innovation rate tenfold. Innovation growth may be plummeting down, although, Smart (2005) believes on the contrary. According to him, innovation, today, is very reliant on technology. Due to this, the rate of innovation is skyrocketing at the cost of …show more content…

As they say, slow and steady wins the race, that is, the technological race. Otherwise, you just “Wait and See” which is just a standstill and keeping options open. What is the most practical type of MTI for ICT? Well, just wait and see. Trott (2005) talks about the Internet and its revolutionary potential. Refining daily activities, with the Internet, shall become exceedingly simple. Information-intensive industries are exceptional candidates for reorganization through the World Wide Web. For instance, when shifted to the web, education cost could be lessened at the expense of making it slightly more impersonal. The Internet was always known as the media for quick communication. Presently, the Internet serves more purposes than just communication. Besides entertainment, commerce and the market can be easily replicated in the Internet. So is education. Almost all information on almost every subject imaginable can be found on the Internet. Expert knowledge is free-flowing; everyone can publish. Although, as Digital Divides implies, people who does know or does not take care in operating the Internet and sorting its wide array of information are in danger of being jeopardized. More innovations would only make the Internet faster and more reliable. Distinctly, computerization is being embraced by the whole world and globalization seems inevitable. Computerization

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