Altcoins Talks - Cryptocurrency Forum
Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: Emmanuel1 on March 23, 2024, 12:38:53 PM
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Through technological innovation, entrepreneurs have advance in production,services and to improve the business operation.
Technological innovation have revolutionalize the way we do business, these are some of the ways it has helped:
*Improve efficiency - with technological innovation entrepreneurs have improved rapidly in business operations, that brought about increase in productivity, reduction of cost in operations and increase in output.
*Competitive advantage - buy the use of artificial intelligence (AI). Technological innovation has brought about, investment attractions, and high level competative advantage in the business space.
* Science and technology breakthroughs - technological innovation has pushed for more research,Discovery and breakthroughs , in the technological word.
Let's discuss on this and list more of them.
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One good thing that technology has done for entrepreneurship is that you can sell your product to any person across the world. Technology has just made the world a small village and so buying and selling is so easy now.
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I don't know I thought the thread would be about technological innovations in entrepreneurship and not the effect they have in the business. Still in the subject matter I would say some of the technological innovations in business are the use of AI, Social media (it's effect and impact shouldn't be neglected), Digital banking and cryptocurrency for smooth transactions across borders. There are many more and I believe the next individuals replying the thread would be able to share more from their own POV
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Yes with the help of technology, and creative innovations entrepreneurs and business men are able to operate and market their Products and services online, and also it has enhanced the effectiveness of communication and transmission of information all over the globe. Now people can now operate internationally without having branches everywhere.
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One good thing that technology has done for entrepreneurship is that you can sell your product to any person across the world. Technology has just made the world a small village and so buying and selling is so easy now.
That's pretty much an important point to be noted.
Indeed technology has really caused an amazing evolution in entrepreneurship by providing a space where businesses and entrepreneurs around the world could easily reach out to customers and investors who would actually have interest. With the help of the internet and certain technologies, entrepreneurs can now sell their products to a global audience, which has really contributed immensely to breaking of geographical barriers and expanding the customer base of their business.
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*Improve efficiency - with technological innovation entrepreneurs have improved rapidly in business operations, that brought about increase in productivity, reduction of cost in operations and increase in output.
Without technology many entrepreneurs would never have been born and many business ideas would never have been successful after their birth. Technology innovations like social media has created options or business to have an office online, making it possible for someone to become a business person even without having a physical shop.
Technological innovations have also improved marketing that has in turn helped with marketing.
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With the development of technology, there are also innovations in Entrepreneurship. One key factor of this innovation is artificial intelligence. AI is used to automate and help in the analysis of big data where they can gather insights on the customers' preferences. Technology is making tasks be more easier than the traditional way of doing things we must embrace it and use it ethically.
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Thanks to technological advancements, Innovation in technology has transformed the way we live, making tasks simpler, faster, and more convenient. Entrepreneurial innovation has been a blessing to humanity, because With the help of technology entrepreneurs enjoy various advantages regardless of their locations. you can sit at home and communicate, chat, or message someone abroad with the help of technology you can also sit at home and sell, advertise, and buy products Internationally.
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There are many technological innovations in enterpreneurship kudos to since and technology. In farming for instance there are diggers, pluogh, tractors and lots more.
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With the development of technology, there are also innovations in Entrepreneurship. One key factor of this innovation is artificial intelligence. AI is used to automate and help in the analysis of big data where they can gather insights on the customers' preferences. Technology is making tasks be more easier than the traditional way of doing things we must embrace it and use it ethically.
Artificial intelligence AI have been nothing short of helpful and it's a wonderful innovativation that enterpreneurs are fast adopting and untilizing. One thing is certain, AI is one of the most innovative innovativations of the 21st century
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There are many technological innovations in enterpreneurship kudos to since and technology. In farming for instance there are diggers, pluogh, tractors and lots more.
i think you have already been left behind by time mate these are not the newest technological advancements recently now we have moisture sensors, aerial images and gps tech to be able to put agriculture to a next level and be able to farm more precisely although of course these new tech are not easily accessible to the average farmer due to its financial cost and scarcity
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There are many technological innovations in enterpreneurship kudos to since and technology. In farming for instance there are diggers, pluogh, tractors and lots more.
i think you have already been left behind by time mate these are not the newest technological advancements recently now we have moisture sensors, aerial images and gps tech to be able to put agriculture to a next level and be able to farm more precisely although of course these new tech are not easily accessible to the average farmer due to its financial cost and scarcity
Yeah, technology in farming keeps moving forward. It’s not just about big machines anymore now there are smart tools that help farmers work with more accuracy. But even with all these advancements, not everyone can benefit from them since they’re not cheap or easy to get.
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Through technological innovation, entrepreneurs have advance in production,services and to improve the business operation.
Technological innovation have revolutionalize the way we do business, these are some of the ways it has helped:
*Improve efficiency - with technological innovation entrepreneurs have improved rapidly in business operations, that brought about increase in productivity, reduction of cost in operations and increase in output.
*Competitive advantage - buy the use of artificial intelligence (AI). Technological innovation has brought about, investment attractions, and high level competative advantage in the business space.
* Science and technology breakthroughs - technological innovation has pushed for more research,Discovery and breakthroughs , in the technological word.
Let's discuss on this and list more of them.
When it comes to entrepreneurship in this modern era technological innovation has played a crucial role as it has taken the world of business from the ordinary ways of doing things to a much more better way because through the help of technology entrepreneurs has been able to market their goods better and even faster to a much larger audience in the areas of production of goods technology has helped to bring about mass production which is better in terms of cost of production , there's no way that you can talk about entrepreneurship with out talking about technology
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Tools like cloud computing, social media and e-commerce platforms have significantly lowered the barriers to entry for entrepreneurs and increased their ability to grow their businesses more quickly and efficiently. Technology has undoubtedly changed and will continue to change the scope of entrepreneurship. Entrepreneurs and others in the ecosystem must continually adapt to these changes to achieve goals and increase economic growth. Technology has revolutionized entrepreneurship in many ways. Technology has improved business operations and made it easier for entrepreneurs to start and run businesses.