Innovation and International Affairs
| 2012 | | Dallas - INTA 2040Elyse Showalter |
[Innovation and International Affairs] | There exists a cyclic relationship between scientific/technological innovation and international affairs that helps to drive the global economy, as well as ensure a continued need for global policies, international cooperation, scientific discovery, and technological innovation. |
Novelty. Invention. New. Creation. Problem-Solving. Innovation. Innovation is something new or different introduced (Dictionary.com). It’s the way states and businesses stay on top of a global economy. It’s how cures for diseases and renewable energy technology and agricultural advances are created. From ancient times to now innovation has separated the winners from the losers. The development of a standardized weights and measures, as well as coins, allowed the Qin Dynasty to expand the infrastructure and economy of China, and the bow and arrow allowed Genghis Khan to successfully rule an empire that stretched from China’s eastern seas to present-day Moscow. All of these were technological innovations. Its influences on the world are heavy, but what are the causes and how does it impact global affairs, and are the effects mutual? Economics is one of the biggest areas impacted by innovation. When a company creates an innovative product and introduces it into the market (such as a car that gets 40 miles to the gallon), this creates competition for other companies (4), forcing them to put more money into research and development (5) in order to create products (1) that will be able to compete on the market with other companies’ similar products, and hopefully be more successful. This creates a need for new products and research and in turn encourages further innovation (5, 6). But this cycle isn’t only true with economics. It’s also true with politics and political documents. A novel or “innovative” piece of legislation can be a game-changer in global issues. The Kyoto
[Innovation and International Affairs] | There exists a cyclic relationship between scientific/technological innovation and international affairs that helps to drive the global economy, as well as ensure a continued need for global policies, international cooperation, scientific discovery, and technological innovation. |
Novelty. Invention. New. Creation. Problem-Solving. Innovation. Innovation is something new or different introduced (Dictionary.com). It’s the way states and businesses stay on top of a global economy. It’s how cures for diseases and renewable energy technology and agricultural advances are created. From ancient times to now innovation has separated the winners from the losers. The development of a standardized weights and measures, as well as coins, allowed the Qin Dynasty to expand the infrastructure and economy of China, and the bow and arrow allowed Genghis Khan to successfully rule an empire that stretched from China’s eastern seas to present-day Moscow. All of these were technological innovations. Its influences on the world are heavy, but what are the causes and how does it impact global affairs, and are the effects mutual? Economics is one of the biggest areas impacted by innovation. When a company creates an innovative product and introduces it into the market (such as a car that gets 40 miles to the gallon), this creates competition for other companies (4), forcing them to put more money into research and development (5) in order to create products (1) that will be able to compete on the market with other companies’ similar products, and hopefully be more successful. This creates a need for new products and research and in turn encourages further innovation (5, 6). But this cycle isn’t only true with economics. It’s also true with politics and political documents. A novel or “innovative” piece of legislation can be a game-changer in global issues. The Kyoto
Cited: Dictionary.com. Dictionary.com. 2012. Web page. 20 November 2012. Nugent, Rachel, Emma Back and Alexandra Beith. The Race Against Drug Resistance. Proposal. Washington D.C.: Library of Congress Cataloging-in-Publication Data, 2010. Document. Taylor, Mark Zachary. International Political Economy of Technological Innovation. Research. Atlanta: Georgia Institute of Technology, 2012. Document. -------------------------------------------- [ 1 ]. Any numbers in parentheses refer to one of the six sides of the Sci-Tech-INTA triangle