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Chapter 12 - Technology, organizations, and society. The goals of this chapter are: Defining technology and its characteristics, recognizing the evolving phases of technology throughout history and what fuels technological innovation today, examining how technological innovations have changed the way organizations operate and interact with their stakeholders around the world,. | Chapter 12 Technology, Organizations, and Society Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 12: Key Learning Objectives Defining technology and its characteristics Recognizing the evolving phases of technology throughout history and what fuels technological innovation today Examining how technological innovations have changed the way organizations operate and interact with their stakeholders around the world Analyzing the emerging social networking phenomenon—texting, instant messaging, tweets, blogs, vlogs, spam, and phishing—and the challenges they create for businesses and government policymakers Recognizing socially beneficial uses of technology in education and medicine Evaluating recent efforts to address and narrow the digital divide 12- Technology Defined Technology – A broad term referring to the practical applications of science and knowledge to commercial and organizational activities Change is the dominant feature of | Chapter 12 Technology, Organizations, and Society Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 12: Key Learning Objectives Defining technology and its characteristics Recognizing the evolving phases of technology throughout history and what fuels technological innovation today Examining how technological innovations have changed the way organizations operate and interact with their stakeholders around the world Analyzing the emerging social networking phenomenon—texting, instant messaging, tweets, blogs, vlogs, spam, and phishing—and the challenges they create for businesses and government policymakers Recognizing socially beneficial uses of technology in education and medicine Evaluating recent efforts to address and narrow the digital divide 12- Technology Defined Technology – A broad term referring to the practical applications of science and knowledge to commercial and organizational activities Change is the dominant feature of technology Sometimes the pace of change is so fast and furious that it approaches the limits of human tolerance and people lose their ability to cope with it successfully Technology’s effects are widespread Ripples through society until every community is affected Technology is self-reinforcing Acts as a multiplier to encourage its own faster development 12- Phases in the Development of Technology Figure 12.1 12- Fueling Technological Growth Government: Government investment has helped launch many new technologies, including the Internet, and these trends continue In 2012, President Obama unveiled his Big Data R&D Initiative and committed more than $200 million in new funding to “improve our ability to extract knowledge and insights from large and complex collections of digital data” Private investment: Venture capitalists are investors who provide capital to start-up companies that do not have access to public funding They have long targeted technological innovation, with .
