Economic growth has been lacklustre for more than ten years now. This is happening at a time when economies are facing much unfolding change. What are the forces of change, how are they impacting the growth dynamics, and what are the consequences for policy? Three basic ingredients help in driving economic growth—productivity, capital, and labor….
Role of Technology in Lab Grown Diamonds Sector in India
India has the capability for becoming an international hub of lab-grown diamond production and processing. The country is playing a crucial role of technology in lab grown diamonds. The latest industry update by Gem & Jewellery Export Promotion Council stated that India’s polished lab-grown diamond exports amounted to be around $1.05 billion from April 2021…
The Role of Technology in the Sports Industry
In a situation where we are increasingly associated with the digital world —via smartphones, tablets, notebooks, smartwatches, and so on—it’s not difficult to see the growing use of technology in sports. Presently, the role of technology in sports is playing an essential role, helping countless athletes, from different sports modalities, to grow their performance in…
Role of Technology in Climate Change
Technology has a critical role to play in mitigating climate change. It can help us to reduce our greenhouse gas emissions and to adapt to the impacts of climate change. Climate change is a global problem that requires global solutions. Technology can help us to reduce our emissions by making our processes and products more…
Advantages & Disadvantages of Innovative Technology
How Technology is evolving very rapidly in the 21st century. It is becoming an important part of our lives. It is allowing us to share information that we would not be able to access on our own. Recently, scientists have made mankind’s highest innovation. Nowadays, everyone is using technology on a daily basis for communication,…
Types of Technological Innovation in the Face of Uncertainty
Technological innovation in the face of uncertainty is a process by which organizations can create new or improved products, services, or processes to address the uncertainty in their environment. In this article, we will discuss types of technological innovation in the face of uncertainty. Introduction Technological innovation is a process by which new technologies are…
Role of Metaverse Technology for Business Success
Metaverse technology is gaining a lot of popularity in the business world because it provides a secure and efficient way for businesses to communicate and collaborate. Metaverse provides a secure and transparent platform for businesses to share information and collaborate with each other. In this blog post, we will explore the Role of Metaverse Technology…
Hydrogen Cars Vs Electric Cars – Which is the Best Choice?
Immediately after the invention of the automobile, people were looking for ways to make them more efficient and eco-friendly. Fast forward to today and we now have two main contenders vying for the title of the best eco-friendly car: hydrogen cars and electric cars. But with so many different options on the market, it can…
Role of Technological Innovation in Environmental Pollution
Technology is speeding up the decentralization of the economy, which is distributing decisions among various organizations. Hence, leaving the economy’s stability vulnerable to the rule of supply and demand. And thus, making the consequences of computing more prevalent. The role of technological innovation in environmental pollution is emerging right now from different sectors — some with…