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Sara Hsu

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Globalization, as defined by rich people like us, is a very nice thing... you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn't affect two-thirds of the people of the world. -- Jimmy Carter The Internet is becoming the town square for the global village of tomorrow. --Bill Gates

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Globalization has increased innovation by increasing both access to technologies and incentive to compete, Innovation and technology have speeded up the globalization process by making it easier to connect to and conduct business with others on the other side of the globe.

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#1: Collapse of the Berlin Wall #2: Netscape 8/9/95: Netscape went public at $28. #3: Workflow software: standards and technologies that let work flow. #4: Uploading: Communities collaborating online #5: Outsourcing #6: Offshoring #7: Supply-chaining #8: Insourcing: Friedman-UPS has company's employees perform services beyond shipping for another company. #9: Informing: Google and other search engines are the prime example. #10: "The Steroids": Wireless, Voice over Internet, and file sharing. Personal digital devices like mobile phones, iPods, personal digital assistants, instant messaging, etc

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YEAR INVENTION 1900 Dirigible, Radio, Wireless Signaling 1901 Assembly LineAssembly Line, Electrostatic Motor, Lionel TrainsLionel Trains 1902 Air Conditioner, FlashlightFlashlight 1903 AirplaneAirplane, Airplane Engine, Radioactivity, study of 1904 Banking, Consumer 1905 Theory of Relativity 1908 CellophaneCellophane, MixerMixer 1912 Rocket, Liquid-fueled 1913 Mass Production, Erector Set, ZipperErector SetZipper 1914 Radio Remote Control 1923 Traffic Light 1927 Television 1928 Penicillin 1936multiplane camera 1937Shopping Cart 1938 Nylon StockingsNylon Stockings, XerographyXerography 1939 Atanasoff Berry Computer

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YEAR INVENTION 1942 Nuclear Reaction 1944 Mark I Computer 1945 Microwave Oven 1946 Computer ENIAC 1947 Transistor 1948 Chemical Demulsifiers 1951 Random Access Memory 1952 Computer Compiler 1958 Integrated CircuitIntegrated Circuit, Laser, Video GameLaserVideo Game 1966 Hand-held Calculator 1967 Dynamic Random Access Memory 1968 Computer MouseComputer Mouse, MicroprocessorMicroprocessor 1973 Ethernet Internet 1976 Personal Computer 1977 PC Modem 1982 Computer Gaming 1983 Mobile Phone 1991 World Wide Web 1992 Water Disinfection System

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Labor: Labor-saving devices reduced the time necessary to complete tasks at home and at work Leisure: Some innovations created different societal expectations, imposing additional tasks or activities on time that used to be spent in leisure with family or friends. Lower Living Standards: Medical innovations in particular improved standards of living.

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Long working hours for many: Many individuals still have to work long hours in order to maintain their way of life. Some aspects of tradition and culture: Innovation has changed cultures but has not eliminated some traditions. The power of human relations, including class and labor relations: Labor relations have not been replaced by technology

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Baidu: Chinas leading search engine Rakuten: Japans large e-commerce group Larsen & Toubro: Indias largest engineering firm Tencent Holding: Chinese internet and gaming giant Hindustan Unilever Limited: Indian equivalent of Avon ladies Kweichow Moutai: Chinese hard liquor company Infosys: consulting and software development firm

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Semiconductor industry in east Asia: Asia is becoming bigger and bigger in its share of electronics and semiconductor market. The key electronics production regions where manufacturing is highly concentrated include Japan, Taiwan, South Korea, Malaysia, Singapore and certain areas of China. ICT industry in India: The rapid emergence of the Information and Communication Technology (ICT) sector has placed India on the global stage during the last one and a half decades. The sector has acted as a catalyst for growth across the Indian economy, including areas such as real estate, automobiles, travel and tourism, railway and mortgage banking industries.

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Green revolution: improved seeds, fertilizer, and irrigation Cell Phone: Many individuals in Asia did not have access to a land line, but are currently able to use cell phones. Hence telephony technology in this region skipped a step in implementation. Internet: The internet has spread rapidly in Asia and is growing fastest in China, and is used for leisure as well as information gathering. Internet penetration is highest in developed countries like Japan and Korea, and lowest in countries like India and Indonesia. Businesses that imitate traditional practices: small loan companies, door to door doctors

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Individuals who formerly could not access information or telephones Individuals who previously lacked access to health care or loans (in some areas) Companies have better communication infrastructure Government now has better channels to reach individuals

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Many of the poor in isolated areas Those who are illiterate cannot access innovations Health care and loan innovations have not penetrated larger regions Those who have fewer rights or bear discrimination, such as women and minorities Workers have not shared equally in company profits from innovations

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In poor regions In social services sectors (health care etc) In small and medium sized enterprises In schools In isolated areas

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Questions?