Globalization And Technology
Technology's
huge impact on globalization enables companies of all sizes to do business with customers all over the world. In addition, businesses can establish satellite offices in practically any country no matter how remote as long as there is Internet access. The competition for providing Internet access to developing nations will proliferate, enabling growth in areas previously deprived of business opportunities due to lack of communication devices. The other side of the coin is the international marketing of technology researched by George Washington University technology professor Robert W. Rycroft. He makes an interesting observation about multinational countries engaged in international marketing of technology products. This practice has been coined as "technology exploitation." By this observation, it is the desire to push products that is creating wider globalization efforts instead of globalization efforts creating a need for advanced technology.
