The technology has improved the efficiency
and performance of the organizations up to lot of extent. Not only have the
businesses processes have been improved but also new form of businesses also
immerged thanks to the latest technologies. In the past people use to shop from
different stores and have to go physically to purchase the product. But today
many online shopping website have made shopping quite easy for the customers.
The customers just have to open the website and various products are just one
click away. The trend of online shopping has changed the market trend and many
businesses today are now moving toward online shopping due to the huge profit
potential.
Tremendous economic as well as growth of technology Asia has witnessed,
in the past few decades. Middle class is growing faster in the adoption of
fueled technology as well as consumption information. As the starting period,
by big players such as Google, Apple, Amazon as well as uber Asian tech
companies as a copier used to be seen of Western models development. From the
United States as well as Europe rivals the Asian tech companies this shift has
led to a new generation. Here we discuss some of the trends (JinWang 2013) .
References of Development of Technology in Asia
JinWang. 2013. "The economic impact of Special
Economic Zones: Evidence from Chinese municipalities." Journal of
Development Economics 133-147.