main drivers of

globalization
TECHNOLOGY DRIVERS
ONE MAIN DRIVERS OF GLOBALIZATION
 BUT
FIRST
WHAT IS…
G
GLO
L
GLOB
GLOBALIZ
GLOBAL
GLOBA
GLOBALI ATTI
A ON
 “Globalization is the fact that different cultures and
economic systems around the world are becoming
connected and similar to each other because, of the
influence of large multinational companies and of
improved communication”.

According to
Oxford Dictionary
On the other hand…
 LET’S DISCUSS

TECHNOLOGY DRIVER
According to the COUNCIL OF ENGINEERING AND
TECHNOLOGICAL SCIENCES
BASED FROM THE BOOK “GLOBALIZATION OF
TECHNOLOGY” INTERNAL PERSPECTIVE
 The technological revolution has reached around the world, with
important consequences for business, government, and the labor
market. Computer-aided design, telecommunications, and other
developments are allowing small players to compete with traditional
giants in manufacturing and other fields. In this volume, 16
engineering and industrial experts representing eight countries
discuss the growth of technological advances and their impact on
specific industries and regions of the world. From various
perspectives, these distinguished commentators describe the
practical aspects of technology's reach into business and trade.
• Globalization is now largely based on a
strong technological foundation. The
electronic transfer of information via the
internet has now created an instantaneous and
inter-connected world of information
resulting in a 24-hour trading network. This
technology has largely changed banking and
financial activities. Worldwide money
transfer and transaction of businesses have
now become a matter of clicking the mouse
of a computer. Some products like software
and TV schedules are also amenable to digital TECHNOLOGICAL FOUNDATION
of electronic transmission. We can now buy
and sell goods through the electronic screen.
Globalization is now only what technology
makes possible.
GLOBALIZATION
 Technology shaped and set the foundation for modern globalization. Innovations in
the transportation technology revolutionized the industry. The most important
developments among these are the commercial jet aircraft and the concept of
containerization in the late 1970s and 1980s. Inventions in the area of
microprocessors and telecommunications enabled highly effective computing and
communication at a low-cost level. Finally the rapid growth of the Internet [1] is the
latest technological driver that created global e-business and e-commerce.

TECHNOLOGY MODERN
GLOBALIZATION
 FIN
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