New Technology and Innovation - Essay Example

Comments (0) Cite this document
Summary
Surveying trade has been defined by the International Federation of Surveyors in the following manner: "A surveyor is a professional person with the academic qualification and technical expertise to conduct one, or more, of the following activities- determine, measure and represent land, three-dimensional objects, point-fields and trajectories; assemble and interpret land and geographically related information; use that information for the planning and efficient administration of the land, the sea and any structure thereon; and, conduct research pursuant to the development of the above practices." Any professional training for this profession normally peruses various data collection technique…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
New Technology and Innovation
Read TextPreview

Extract of sample
"New Technology and Innovation"

Download file to see previous pages Collection of data and numerical crunching of data lies at the core of land surveying practices. While several technological innovations have been successfully adopted in this profession ;the most remarkable have been in the area of developing integrated software to address a host of issues involved in land surveying through development of integrated software packages built on multiple utilities. Some of these software packages are developed on an ongoing basis and as projects with additions occurring every now and then. Such software represents not only a time saving innovation which handles larger amount of relational data but also makes available refined and technical outputs. These packages necessitate a series of changes in the organization adopting them in form of reskilling, training and reorientation of existing practices. Unless these and other organizational changes occur alongside the new technology the practical and operational utility of such innovations cannot be harnessed to full. This paper looks at the various organizational changes that may be required to adopt new technology and innovation.

Diffusion versus invention of New Technology

Quite dissimilar to the event of invention of a new technology, which though may seem to emerge after a series of tests, trials and experimenting but often appears to occur as a single event or jump, the diffusion of that technology usually appears as a continuous and gradual process. Yet it is the diffusion of the technology that ultimately impacts productivity and operational efficiency. As Rosenberg(1972) stated" in the history of diffusion of many innovations, one cannot help being struck by two characteristics of the diffusion process: its apparent overall slowness on the one hand, and the wide variations in the rates of acceptance of different inventions, on the other."
Diffusion of new technology is the process where a host of managerial decisions need to be taken in the backdrop of intricate calculations of economic cost and benefits analysis. Thus diffusion can be viewed as a cumulative or aggregate process involving a series of
individual calculations that reckon the incremental benefits of adopting a new technology vis a vis the costs of change, and almost always in an environment featured by risk and uncertainty (as to the future maintainability and utility of the technology ).Once the new technology passes the cost-benefit hurdle decision then its diffusion and adoption process must begin. However prior to that any management must theoretically analyze the structure the structure of each available technology. Each new technology ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“New Technology and Innovation Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.org/technology/1533637-new-technology-and-innovation
(New Technology and Innovation Essay Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.org/technology/1533637-new-technology-and-innovation.
“New Technology and Innovation Essay Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/technology/1533637-new-technology-and-innovation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Management Innovation and new technology
...? Management Innovation and new technology [Section Number] Management Innovation and new technology Introduction The term ‘Product Innovation’ has been used widely, especially in the industrial sector and has been into several discussions in the last few decades. Companies and brands have been forming innovative tools and strategies to make their products more fascinating and appealing. In reality though, product innovation is not simply an idea; in fact, it is a complete process of research and experiments (Rainey, 2005). The concept of innovation is as old as the history of earth as men have always tried to improve things in their surroundings for the comfort and ease. However, from the history of world businesses, we can see... decades....
4 Pages(1000 words)Essay
Management Innovation and New Technology
...of this reason, the link has often been confusing. Individuals need to understand that scientific invention benefits a lot from technological development in a number of ways that include but not limited to transfer of knowledge, network of profession, skills and instruments. In the case of 3M, it is evident that the company boasts of a poll of skilled scientists that range from chemists and engineers who worked tirelessly in 3M’s Central Research Laboratories to come up with new inventions. The idea that led into development of one of the best selling product of 3M named Post-it Note Pad resulted from a series of technological developments that took approximately 10 years (Ketteringham &...
4 Pages(1000 words)Essay
Innovation, Technology
...technology significantly impacts the core strategies and organization of companies to the extent that it should be considered as the primary means of initiating innovation or development. For the purpose of this study, The validity of the statement will consider in both public as well private enterprises from small to large scale. In the course of the discussion, the research will also determine effective applications of technology, how it is changing markets and industries and the developing challenges for companies with its utilization. Background Technology and Productivity The application of technology necessitates a study of the relationship of...
16 Pages(4000 words)Essay
Cunsumer adopting e-banking as a new technology innovation
...e-Banking Introduction While banking and the idea of the operations of a bank have not changed much in the past hundred years, the impact of technology has affected the banking sector as much as it has affected other industries. Coelho and Easingwood (2003) reports that this situation has placed banks in a position to maximise their reach and obtain as many clients as possible since the traditional barriers are more or less broken with e-Banking services where many of the demands of the clients can be handled in an automated fashion. The automation comes from the new tools and technologies which have become available for the average user. These tools can be listed as: Web-enabled devices...
5 Pages(1250 words)Essay
TECHNOLOGY INNOVATION
...TECHNOLOGY Judging by the Honda case, it may seem that hybrid electric vehicles are an incremental innovation, because they build on existing engine technology. These vehicles not require big changes in the fueling infrastructure, as long as electrical outlets for the cars can function with the existing power grid, or in consumer behavior, since people are still essentially buying the same product: an automobile. For most of the major stakeholders, including customers, automakers, and petroleum companies, the electric or hybrid automotive technology will likely be seen as competence enhancing, though it might be seen as competence destroying to an automaker in some cases. For example, in the case of an automobile manufacturer... that is...
4 Pages(1000 words)Essay
Management, Innovation and New Technology
...Management, Innovation and New Technology Table of Contents 3M Introduction 3 The Nature of the Innovation Process of 3M 3 Seven Key Points Offered by Rhodes & Wield to Understand Innovation in 3M 5 Innovation Is Not Just Invention 5 Innovation Is Not a Linear-Flow Process 6 The Importance of Science in Innovation is Increasing 7 Innovation involves Interaction between Many Factors 8 Cultures of Innovation Combine Different Functions 8 Innovation is Usually Incremental 9 Many Innovations Occur Through Learning by Doing and Learning by...
7 Pages(1750 words)Essay
Innovation technology
...Innovation Technology (First M. Last) School or at Place or Town, Innovation Technology Evaluation andcontrol Evaluation and control of the CRM software needs to be carried out in order to determine its consistency. Upon release of the software in the market, GAP analysis of the software is conducted in order to compare the actual performance of the software with the potential performance (Kazmi, 2008). A capability maturity model integration (CMMI) framework is used by the customers where they underline the shortcomings of the software. This CRM software is the face of the organization, and so the entire organization should own it by participating in the planning and development. This will be helpful in the strategic growth... of the...
1 Pages(250 words)Assignment
Innovation & Technology Management
..., incremental, radical and technological innovations are primarily four types of innovation which can be a beneficial to a company. Marketing innovation refers to the innovation in the research, strategy, communication, analysis and operations of a business (Amores-Salvadó, Castro and Navas-López, 2014, pp. 32). Innovation in marketing can take the form of development of new products or applying fresh advertising strategies that can result into the increase in the sales of a product. Incremental innovation refers to measures taken by company to reduce the cost of the products or...
11 Pages(2750 words)Essay
Construction Technology and Innovation
...Proposal A Bioskin facade Bioskin façade is a new technology where a water cooling façade system is utilized in making the building absorb heat through water evaporation through water evaporation. The concept is based on the traditional ritual of Uchimizu. The ritual was a way to curb the dust around their houses by sprinkling water around them. The technology has been established as a way to reduce the exterior temperature of the building by 12 degrees and the micro environment by 2 degrees. It is a technology that is described as elegant and simple. This technology is a solution to the energy used in the proposed buildings for cooling. The...
8 Pages(2000 words)Essay
Management, innovation and new technology
...properly whereas new technologies and innovative ideas help an organization to conquer the business world. The example of Apple Inc. is relevant here. It should be noted that Apple Company was on the verge of destruction in the 80s and 90s mainly because of the competition from arch rival Microsoft. However, the company was able to introduce some innovative products such as iPhone, iPad, iPod, etc at the beginning of 2000. The rest is history now. Apple Inc. became the most valuable technology company at present. Moreover, they pushed Microsoft far behind and became the second biggest company in the world in terms of market capitalization (Kim, 2010)....
9 Pages(2250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic New Technology and Innovation for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us