Technology is an improved route to an unimproved target. Technology
is associated with innovation. It involves the transformation of ideas
into something useful. Innovation is just not limited to creative people
and organizations, but also involves the availability of technological
and scientific talent. Technology and innovation are synergistic.
Technology has definitely changed our lives and for the better.
Looking
back in time, we realize how much our lives have changed due to the
fruits of technology. It has provided us with freedom and less
consumption of time and resources. Pointing out a particular technology
for the drastic changes in one's life is simply not possible. A nation's
economic growth can be measured according to the level of technology.
This is because a number of factors are responsible for affecting an
individual's life style. The most important factor for deciding the
working of a particular technology is the presence of competition. One
kind of technology seems beneficial only until a technological
advancement does not occur.
