Detailed Transcript: Semiconductor industry is a pioneer in globalization. Since its inception in 1960s, this industry had a global outlook for operations and markets. Though the manufacturing was the initial activity in this industry to be globalized, in the past few years, we have seen an increased activity in their R&D and engineering activities globalization. Large and small companies have global operations to grow in this highly competitive industry. We are Zinnov have been closely following these trends for the past 8+ years.

Globalisation and technological advancements offer unique opportunities for developing states to make substantial strides in their quest for economic growth and sustainable development. This is important for small states which face multiple and magnifying shocks and challenges from events external to. Globalization of Innovation in the Automotive Industry. Globalization of Innovation in the Automotive Industry. Drivers of Innovation Changes.

Periodically we undertake the surveys to understand the key drivers for globalization. In late 2011, we undertook an exercise to understand the globalization drivers and compared the results with a similar survey from 2009. We observed that though the importance of cost for global operations has slipped by few points, it is still the domain driver for globalization. 60% of the surveyed companies mentioned it to be the most important driver for globalization, especially for offshoring to an emerging country. All 100% of the surveyed companies rated cost as a key driver, if not most important one, for their global operations.

Access to talent has been rated as the 2nd most important driver for these companies. The existing talent crunch in the developed countries, competition across technology segment for this high end talent is also driving these companies to scout for locations with availability of talent. We have observed that the importance of this driver has remained statistically the same across the past 2 years. Access to market has been stated as a critical factor in determining the optimal location in the merging countries. This has gained more prominence in the industry as most companies have seen their international markets grow at a significantly higher rate compared to their domestic markets.

Though it is still consider nice to have, Innovation from global locations is gaining traction as companies evaluate their global operations. Some of the companies have mentioned that they will fail as a company if their resources in these emerging locations do not participate in the innovation activities. For some companies with 30-70% of their talent outside their HQ countries, this is a critical factor. Though the global sourcing of R&D and engineering activities began in the 1990s, it gained full steam after 2000. Our analysis of the top 10 players in the semiconductor segment shows that these companies have setup large number of centers in the new emerging cities such as Bangalore, Beijing, Shanghai, Taipei etc.

Further evaluation of the data across the cities shows that, Bangalore, India has been the biggest beneficiary of this trend. Bangalore, which had only one of this top 10 semiconductor companies till 1995 has become host to 90% of the top 10 companies. Bangalore center for these companies have between few hundreds to few thousands of employees working in their engineering and R&D activities.

Major cities in China, South Korea and Taiwan have also seen their share of success in attracting and growing the engineering centers for the leading companies in this segment. Availability of high end talent has also prompted these companies to set up new operations in high cost locations such as United Kingdom, France, Israel and Singapore. Outside the top 10 companies, we have observed similar trends in the semiconductor industry. Many small and mid-size companies have followed these industry titans in chasing the talent or in optimizing their cost of operations. We believe that the globalization has just started in many of these companies and the trend to grow into global locations for talent, market, cost or innovation will be the norm rather than an short term trend. For more information on this report or other global talent, cost and peer group benchmarking details, visit www.zinnov.com.

GLOBALIZATION AND TECHNOLOGY I think that if we want to talk about globalization first of all we must define what the globalization is. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. When i make some resarches on in the internet i find two different ideas about globalization and technology first one says that: Globalization and technological innovation are interdependent processes. Globalization has a fundamental influence on the creation and diffusion of technology which, in turn, affects the interdependence of multinational corporations and where they locate their activities. In this book Rajneesh Narula examines the international aspect of this interdependence at two levels: first, between sites, by examining the role of cross-border initiatives in the innovation process; second, between corporate entities, by studying the dynamics of inter-firm collaboration in research and development.

But, the second idea which i find it says that: Technology and globalization go hand-in-hand. Globalization unleashes technology, which in turn drives firms to plan production and sales on a global basis.

Technology changes the work we do and in nearly all cases, the jobs created by it demand more education and training. It also changes the way business operates by transforming relationships between suppliers, producers, retailers and customers.

In my opinion the second idea is more rationalist because i find several resons to say it is true. Now i want to talk about this reasons and also give some examples about them.

Globalization means to make worldwide in scope or application, and the globalization of trade means freer and more intense worldwide trade across national borders. Technology helps to make globalization possible. Because computers can be interlinked across companies, countries and continents, information is no longer weighed down by geography or time. For example; With globalization, Canada faces stiff competition for international markets. Increased competition has resulted from: • the new market-based economies of developing and former communist countries; • the introduction of new products and processes; • more efficient use of old materials; and • innovations in information technology. These forces have transformed markets that were once regarded as a reliable source of earnings.

For example, in the past, Canada prospered from its natural resources. But as resources and world prices have declined, the global economy has challenged this advantage by demanding more innovation, higher product quality and increased productivity. It is gratifying to note, however, that firms in Canada's resource sector that have upgraded their products, used technology skillfully, sought niche markets and revitalized their work forces have not only survived, but prospered.

Even consumers have begun to globalize. With the relatively strong dollar of the late 1980s, Canadian consumers became more conscious of their shopping options and a greater share of their spending took place outside the country. Increased cross-border shopping forced Canadian retailers to offer longer business hours, higher quality products and better and friendlier service. Even though cross border shopping has declined with the value of the dollar, the arrival of U.S. Based retailing giants, such as Wal-Mart, is continuing to force dramatic restructuring and shakeout in Canadian retailing. Globalization Means New Markets Canada is one of the world's main trading nations.

Canada's wealth has been largely built on trade, which accounts for more than half of the gross domestic product, or almost triple. .Impact of Technology on: Politics - Technology enables and even promotes changes in every aspect of our lives. Through the years it has changed what and how we eat (the microwave), how and where we work (the internet), how we are entertained, and even how we keep in touch with friends and family. And though many people may notice these types of quick advances of technology, many may not notice how technological advances have tied into changes in politics and the way they have been run.

•The power of mass images has really become a major influence on politics as a product of a increasing technology. In the 1960’s, images of wealth in the west eventually exposed the weakness of the communist regime running the old Soviet bloc. There is the story Nikita Khrushchev narrating a film of Harlem in the 1960’s to demonstrate poverty in America. Instead, his poor, struggling citizens focused on the nylons hanging on backyard clothes lines and the number of fine autos in the street, and saw wealth rather than poverty. Today, the pictures from Iran appear in graphic detail on our televisions.

The power of the mass media has made it more difficult for the state to wall off the outside world. •The television has been used to promote politics through commercial advertisement since the Dwight D. Eisenhower campaign in 1952. That was over 50 years ago.

It has been used to broadcast presidential debates since the Kennedy vs. 1310 Words 4 Pages •. .Critically examine the proposition that national boundaries have been surmounted by the phenomenon of globalisation and that therefore, national governments are no longer able to promote independent economic policies. Marxism conceived of globalization to a great extent as simply the worldwide expansion of the capitalist mode of production (Amin and Luckin 1996:225). The global expansion of production methods and networks has resulted in a proverbial shrinking of the globe, leading analysts to argue that globalisation is constricting the capacities of states and governments to control economic policies and processes within their borders. Baylis and Smith (1998) define globalisation as the 'intensification of worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa.'

In this essay, Globalisation is understood as a phenomenon, and a process that eases the movements of labour, services, capital and goods and information across the globe. It has evolved partly due to the trend of increasing international trade across national boundaries and the conduct of business activities in more than one country. Put simply, it is a process that involves the growth of inter-dependency between national markets and industries on a worldwide scale (Brooks, Weatherston and Wilkinson, 2011). As globalisation progresses the status of national boundaries as obstacles to. 2076 Words 7 Pages •. EFFECTS OF GLOBALIZATION December 2, 2013 Globalization and modernization play a major role in a nation’s development. Nations such as China and Vietnam have ventured into the global economic stage in order to preserve their future.

Their government’s reform laws on global manufacturing and exporting has improved their economic growth. Globalization both brings a positive and negative outcome and greatly influences the course of the nation. Ranma Movies Download. In 1978 Chinas leaders reformed their economic policy in order to revitalize their stagnant economy. This had a positive effect on Chinas economic future. The reform included liberizing foreign trade and investment. This globalization event paved the way for foreign manufacturing companies to be able to operate in China. Pre 1978 life in china was plaque by poverty, famine, and income inequalities.

The annual economic growth was 6 percent per year. After globalization economic growth went up to 9% annually after 1978, and is now at an amazing 15% in the last few year( Hu & Khan, 1997). Another positive impact from globalization is the percentage of people living in poverty.

As more factories were built,more jobs were created reducing the people living in poverty from 270 million during the year of 1978 to 100 million in 1985. (Wikipedia,2013) Chinas low cost of labor has propelled the nation’s economic growth. 782 Words 3 Pages •.

.Friedman explains how 10 ingredients, he calls “flatteners” which has inadvertently brought about a new global business environment. The 1st flattener is the “Fall of the Berlin Wall”, where Friedman explains how on 11/09/89 the Berlin Wall came down and exposed the continents into one globalize trading world.

Friedman explains about six months after the 'Berlin Wall Falling' the “Windows Operating System” computer chip exploded and launched the beginning era of internet PC revolution. He calls this era “The Fall of The Walls and the Rise of The Windows”. Explaining how the 'Wall' stood in the way of globalization. Six months after the Wall Fell the Windows Operating System 3.0 shifted and created a single graphical interface. The 2nd flattener was the date 08/09/95 having an immense impact which I believe is a milestone in the history of our technology growth and its repercussions was when Netscape, a internet browser (which is a drop box that is illustrated on computer screens giving a outburst of availability to the internet’s world wide web of information and created an open highway with no speed limits), went public.

As Netscape became available to all people at their finger tips it played a key roll empowering individuals with massive amounts of information and helped commercialize and set open standards, equally facilitating all of the world’s people with virtually the same chance of opportunities for growth. This phenomenon. 2778 Words 7 Pages •. Globalization New World Technology Globalization can be described and explained as a process of global economical, political, and cultural integration. Its major characteristic features are capitalism expansions, global division of labor, immigration of financial human and production resources within a society, and technological processes, as well as removing the borders between cultures of various countries. Author and economist, Jagdish Bhagwati defines economic globalization as “the integration of national economies into the international economy through trade, direct foreign investment (by corporations and multinationals), short-term capital flows, international flows of workers and humanity generally, and flows of technology” Globalization increases economic development and seeks to reduce poverty. However, it does not seem to bridge the gap between the rich and the poor.

Extraordinary changes in communications, transportation, and technology have given the globalization process new stimulus, and have made the world and companies more interdependent than ever. Consequently, societies across the globe have established closer contacts. Over the years, businesses and organizations have become more advanced, and have sought to rely greatly on technology, thus eliminating the use of manual human labor. Jobs that once provided opportunities for.

1368 Words 4 Pages •. Globalization 2.0 – 4.0 By: Tommy Campbell I. Introduction Globalization is defined as the integration of the world economy into one market. Globalization has gone through four phases: Globalization 1.0-4.0. In globalization 1.0, the driving force of that era was countries globalizing by imperial conquest to gain resources and wealth. In globalization 2.0, the era was characterized by the standardization of production and the market through the globalization of production and markets.

In globalization 3.0, it was characterized by the differentiation that sets MNC’s and individuals apart through global marketing, core competency, and social media. And in globalization 4.0, it was characterized by the dissemination of information info across subsidiaries, worldwide. International business activities have had to adapt accordingly has each phase progressed. In section II, examples from WSJ articles of the globalization phases and techniques of 2.0 through 4.0 will be analyzed by the ways they influence international business activities. In section 2.1, globalization is defined and illustrated by Ford’s plan to increases its presence in Europe and African companies adjust to the Wal-Mart way.

In section 2.2, globalization 3.0 is defined and illustrated by McDonald’s plan to open vegetarian-only. 1645 Words 5 Pages •. .transportation technology has made its current effects much more apparent than ever before. Through a thorough examination of globalism's origins and its current modern form, one will have an understanding of just how interconnected the world has truly become. Though globalism has existed for thousands of years, its original form was much different than it is now.

Perhaps the most famous example of globalism was the Silk Road, which extended and connected the continents of Asia, Europe, and Africa. This road, named because of the coveted silk that was often traded, was an example of the positives that globalization can bring. Religion, languages, cultures, arts, food, and music were rapidly exchanged at this time. However, because it covered such great distances, the exchanges weren't done rapidly. (Nye) The next great example of globalism, and some say where modern globalism began, was when the Europeans discovered North and South America and the islands of the 'New World.' After the Europeans made their discoveries beginning at the end of the 15th century, there was a worldwide shift of people, goods, and ideas, such as religion, that followed.

The discovery of the New World brought with it the spread of foods, insects, and animals around the world. Most people are surprised to learn, for example, that the reason why there are tomatoes in Italy today is because it spread from the New World. Free Download Photo Editor For Java Mobile here.

Starting early in the 19th century. 1130 Words 4 Pages •. Globalization in the Philippines In the Philippines, policies that are now aligned formally with globalization started in the mid-1980s. This period saw the Aquino government removing quotas on the entry of imported goods. A series of tariff reductions soon followed, so that from 41% in 1981, tariffs had gone down to only 8% by 2000.

As part of finance liberalization, debt subsidies were also abolished. The liberalization and deregulation of the Philippine economy was intensified in the 1990s.

This was a decade when the industries of water transport, telecommunications, banking and shipping, airlines, oil, and retail trade were wholly opened up to foreign investors, without regard to the ability of local enterprises to compete. Since 1991, 100% foreign ownership of enterprises has been allowed in almost all sectors of the economy, except for defense, small-scale mining, cooperatives, mass media, and a few others. In 1994, the Philippine Senate ratified the General Agreement on Tariffs and Trade; its leading proponent was then Sen. Gloria Macapagal-Arroyo, who became president in 2001 through a people-power uprising. The Philippines joined the WTO in 1995. Since then, the entire economic policy of the Philippines has had to conform to WTO standards, which now favor the free entry of investments from developed countries into the developing world. The government plans to implement a single tariff rate of 5% by 2004 and abolish.

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