. What Innovation Brings to The Economy Yang wajib Kita Tau - Artikel Pendidikan Ekonomi

What Innovation Brings to The Economy Yang wajib Kita Tau


Hal mendasar mengenai materi What Innovation Brings to The Economy, bila setiap masyarakat negeri wajib mempunyai kepahaman seputar materi ekonomi, hal ini erat kaitannya dengan perkembangan ekonomi di rumahtangga, masyarakat dan negara itu sendiri, maka belajar ekonomi memang wajib di galakkan sejak dini, sejak masih mengenal bangku pendidikan. Misalnya, karir paling populer yang Bisa dikejar kebanyakan dengan gelar ekonomi. Ekonomi mengajarkan bagaimana membuat keputusan yang tepat. Kemampuan ilmu ekonomi misalnya pengambilan keputusan: Apa yang wajib dilakukan bisnis untuk menaikkan margin keuntungan.


What Innovation Brings to The Economy


There is usually one term which makes a product or service differ by others from the market. For example, a decade ago, smartphone products offered an audio-video player as a special feature; however, today smartphones provide sophisticated enhancements, such as full HD/Quad HD (High Definition) display, camera up to 20 mega pixel or even more, finger print sensor, as well as some other advanced features.

What Innovation Brings to The Economy
Yes, which is usually ‘innovation’, which carries improvements, not only to products as well as services, nevertheless also to our lives. which affects our behavior, the method we communicate with some other people, the approach we do business as well as formulate a decision, etc. Since which expression is usually indeed fascinating to discuss, today we will learn the concept of innovation as well as its role in fostering the economy.

In a simple word, innovation is usually the manifestation of brand new ideas to products as well as process (activities) which leads to increasing value. Value itself refers to additional benefits for the entity (business, industry, etc), as well as for the consumers/users. In some other words, innovation appears in two different cores, called product innovation as well as process innovation.

Product innovation means the introduction of a brand new product or a change in an existing product, including the improvement of the feature as well as/or the quality. Meanwhile, process innovation refers to the change in process of manufacturing as well as marketing a product as well as or service which provides better outcomes.

Moreover, to obtain as well as apply innovation to a product or service, a set of observations as well as research are required. Usually, the research is usually conducted constantly in order to find the newest development (the most innovative outcome) to win the competition. At least two important instruments are involved in every research; they are knowledge as well as technology. As an analogy, knowledge is usually the road; which’s the ideas as well as perspectives organized by a logical pattern, while technology is usually the vehicle; which’s the methods as well as techniques employed to achieve the goals.

from the scope of economy, product innovation is usually measured by the trade (either domestic or export) of a product or service, since which is usually the effective tool to evaluate how successful the innovation is usually. Meanwhile, process innovation is usually employed in various economic activities. which is usually utilized in agricultural sector, for example in discovering high quality of agricultural products; which is usually also used in environment sector, for instance in conserving the eminence of land as well as water.

Furthermore, innovation is usually very useful in fostering local economy; as well as since local economy is usually the foundation of national economy, which will enhance national economy, as well.

In order to obtain optimal benefits, which is usually crucial to include local values as well as environment, in addition to local inhabitants, as the key factors in encouraging the economy. The participation of local residents will bring many advantages, such as: as an effort to empowering local residents, as a method to reducing urbanization, as well as last nevertheless not least, as an endeavor to amplifying local/regional development.

Besides, employing local residents as the center of development will increase their creativity, quality of life, as well as their welfare. Innovation will also be helpful in developing a better connection between rural-urban sector, through modern infrastructure as well as technology, such as internet connection, telecommunication, as well as so forth.

To sum up, innovation is usually indeed a useful instrument to enhance the economy. which can be applied in various sectors, such as trade, agricultural, environment, as well as local/regional development. **

Artikel Ekonomi :
Micro Business, The Foundation of National Economy
Understanding The Concept of Creative Economy
How Cultural Arts Encourage the Economy
Enhancing Economy through Tourism Sector
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