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Civic technology: Research and development, projects Smart cities, more responsive government Smart city, e-democracy, open data, intelligent environment: Digital scent technology: Diffusion Smell-O-Vision, iSmell: DNA digital data storage: Experiments Mass data storage Electronic nose: Research, limited commercialization [20] [21]
AI can adapt to changes during non-business hours. [62] AI is used to combat fraud and financial crimes by monitoring behavioral patterns for any abnormal changes or anomalies. [63] [64] [65] The use of AI in applications such as online trading and decision-making has changed major economic theories. [66]
Business simulations may be played by individuals or by teams. Increasing team size allows for practical lessons in leadership and collaboration and students delegate responsibilities, interpret data, and make decisions. Research indicates that team performance rises with each additional member until the team reaches five members. [34]
The evolutionary life cycle occurs in the use and development of any technology. A new high-technology core emerges and challenges existing technology support nets (TSNs), which are thus forced to coevolve with it. New versions of the core are designed and fitted into an increasingly appropriate TSN, with smaller and smaller high-technology ...
"Technology innovation" gives a sense of working on technology for the sake of technology. "Technological innovation" better reflects the business consideration of improving business value by working on technological aspects of the product or services. These advancements would show improvement for the business's that adapt to this new technology.
Paper was made one sheet at a time by hand until development of the Fourdrinier paper machine (c. 1801) which made a continuous sheet. Paper making was severely limited by the supply of cotton and linen rags from the time of the invention of the printing press until the development of wood pulp (c. 1850s)in response to a shortage of rags. [4]
Business and management research is a systematic inquiry that helps to solve business problems and contributes to management knowledge. It Is an applied research. Four factors (Easterby-Smith, 2008) combine to make business and management a distinctive focus for research : Transdiscipline approach
Innovative technology provide important opportunities for new business development. For a company it is important to keep products and processes up to date, to stay competitive (Ford et al., 2006). Continuous investment in innovation for both products and processes makes it more difficult for others to offer a large technological functionality ...