New Technology Integration and Related Issues

Subject: Tech & Engineering
Pages: 2
Words: 302
Reading time:
< 1 min

Technological developments in developed and underdeveloped countries

Most underdeveloped rarely foster research on new technologies; it will therefore be difficult for the globally expanding corporations to find new knowledge in these nations, and reception of the same may also be rather slow. Firms may also find it difficult to integrate new technology because policies in developing nations may be designed to encourage internal development. The government could impose tariffs and taxes on international corporations. They could also concentrate on exporting programs over the importation of these technologies, and it would make it difficult to integrate. Some governments may even choose to force the nationalization of a foreign-based firm such that profits can be kept within the company premises. This could definitely be a problem in the future.

Access to technology as well as compatibility and cost-related issues

Underdeveloped nations, by their very nature, are designed to consume technology rather than create it for themselves. In so doing, these countries tend to have technologies that are owned privately, and their accessibility is thus severely limited. Also, because these technologies are imported, then cost implications may be a serious limitation on their use. Many developing or underdeveloped nations have poor citizens who may not afford to purchase nonessential items. To them, technology is a luxury that they can only dream about but never really own. This may make integration a very difficult challenge.

Technology from western states may not sometimes be compatible with the environment within target nations. Usually, these technologies are highly specific and may not have considered the needs of poorer countries. Additionally, some of the technologies require immense resource utilization, and this may severely restrict poor countries that do not have these resources at hand.