The Three Major Factors Fueling International Technological Growth

The advent of Internet has allowed companies to offer their goods and services throughout the world. Not only has the Internet opened up the floodgates of International marketing, it has also brought with it many other challenges such as cultural, political, and geo-economics challenges. In order to be successful in these global markets, companies must be very diligent in handling these challenges.

What are the effects of new information and communication technology, such as internet, on the international trade theory?

Cheeseman, H. R. (2010). The legal environment of business and online commerce: Business ethics, e-commerce, regulatory, and international issues. (6th ed.) Upper Saddle River, NJ: Pearson Prentice Hall.

In the late 20th century, technology began advancing so quickly that entire world economies underwent extraordinary transformations in very little time. It used to be only a handful of powerful people and corporations interacting in global trade and commerce, but technology has made it so “countries like India are now able to compete for global knowledge,” giving leaders and companies the ability to work with more nations than ever before (Friedman 7). The internet has given men and women the power to connect, communicate and provide information to people across the planet in an instant. It has given people the opportunity to seek knowledge, educate themselves and single-handily play a role in the world economy. This is called

Mallor, J. P., Barnes, A. J., Bowers, T., & Langvardt, A. W. (2013). Business law: The Ethical, Global, and E-commerce Environment (15th ed.). New York: McGraw-Hill.

An increase in Internet maturity, correlates with an increase in real per capita GDP on average of $500. Looking back to the Industrial Revolution, it’s growth took 50 years to achieve these same results. This demonstrates both the magnitude and impact the internet delivers to all levels of society. In the French Economy, the internet had reported to have destroyed 500,000 jobs over the past 15 years, but has also over those same amounts of years has created 1.2 million new ones. For every job the internet has taken away, it’s created twice the amount. It’s safe to the internet has been able to increase the worlds GDP bringing great growth to the

During the time period under discussion from the Regan Revolution to our current President Obama, one major historical turning point was the creation of the Internet. This vast network of linked computers that allowed information to be shared easily and instantly, propelled the information technology of personal computers and cell phones forward at high speed. (Schultz, 2011) The ways that the Internet has changed life in the United States over the past two decades is vast. The economy has widely changed in this new age of technology, American companies reached overseas

The Legal Environment of Business and Online Commerce: Business Ethics, E Commerce, Regulatory, and International Issues, Fifth Edition, by Henry R. Cheeseman. Published by Prentice Hall.Copyright © 2007 by Pearson Education, Inc. Retrieved May 11, 2008, from

Globalisation has also been a resulting factor for the dramatic increase in technology. Bangalore, in the Silicon Valley of India is experiencing a remarkable IT boom, that is transforming the prospects of India’s economy. The internet is the fastest growing tool of communications. It took just 4 years for the internet to reach 50 million years, in contrast to the

Opportunities * Emerging markets and expansion abroad * Product and services expansion * Development of new technologies and the web

As the utilization of PCs and the web turns out to be more predominant, moral issues identified with PC use will keep on making a bigger effect on individuals' lives and the way that society capacities. PC morals include the ethical standards and behavioral rules related to the path in which people, associations, and society all in all utilization PCs and data innovation. A few cases of moral issues identified with PC utilize incorporate individual data protection, PC security, wholesale fraud, licensed innovation, level with access to data and so on.

The engine of the Internet economy has countries scrambling to enact popular start-up markets, ease e-commerce taxation, and climates conductive to foreign investments in online media properties. As an example, Canada has the highest Internet usage in the world, but an unfavorable tax regime and a lack of start-up capital are causing the country to fall behind the United States in the e-commerce economy. Canadian taxes, government regulations, and capital markets created a slow growth of Internet business. Furthermore, this has eased the distribution and duplication of information and products from e-commerce sales across borders. Serious issues such as copyright, encryption, trademark, and regulation of currencies being raised, therefore are forcing the U.S. Federal Trade Commission and the Treasury Department to issue warnings against proliferation of commercial scamming, Internet fraud, and potential money laundering by unscrupulous agents operating over the

Anyway, one impact that Internet has in business is in the economic integration trend, as this is an effective way for the United States to exchange goods and services

This study will objectively show all variables involved in the growth of e-commerce including the growth of the internet and try to prove whether the two are related.

E-Commerce Security Issues "The new electronic interdependence recreates the world in the image of a global village." (From The Medium is the Message) Historical Glimpse Marshall McLuhan was the first person to popularize the concept of a global village, and to predict its social effects. His insights fundamentally changed how everyone has thought about media, technology, and communications ever since. He chose the phrase "global village" to highlight his insight that an electronic nervous system was rapidly integrating the planet, so that events in one part of the world could be experienced in real-time from other parts, which is what human experience was like when we lived in small villages. Since he describes the world global village, the world is starts emerging over one point (Internet) and it is quite true yet. (http://livinginternet.com/?i/ii_mcluhan.htm) Introduction In almost all aspects of life we are facing security issues, either if we are talking about literal world or talking about cyber world. Since this world is originated and men started earning, financial and commerce security issues are always been there. After the invent of the Internet our world is now become global village, through Internet we can communicate easily, effectively, and rapidly with low cost. The Electronic Commerce (E-Commerce) is the other vital use of Internet, through this companies are doing business of billions of dollars in the year, and corporations are expecting more and more