How does technology aid in organizational innovation?

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Business Finance

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How does technology aid in organizational innovation?

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the Internet itself has greatly accelerated general improvement in the field of innovation. By connecting millions of people with great ideas to new pools of resources that are able to help realize them,

ow new social methods, especially crowdsourcing, have fundamentally altered how innovation is achieved and even who does it. 

other ways on How does technology aid in organizational innovation include: 

  • resequencing: including parallel processing of data-bases
  • simultaneity: making information instantly available in several systems (e.g via OLE)
  • time extension: offering 24 hour a day; 365 days a year service
  • portability: taking service and products closer to the user
  • reusability: using information captured for one purpose (e.g. transactions), and using for others (e.g. customer targeting)

Please let me know if you need any clarification. I'm always happy to answer your questions.Please let me know if you need any clarification. I'm always happy to answer your questions.


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