DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY
Developing Countries will continue being Developing Countries for a long time, if they are unable to conceive and design new products with their own technology in their own companies. Technological Development based companies are necessary and technical universities can contribute to these activitie...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia
2022-12-01
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| Series: | International Journal for Quality Research |
| Subjects: | |
| Online Access: | http://ijqr.net/journal/v16-n4/22.pdf |
| _version_ | 1828296900051206144 |
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| author | Gilberto Santos Maria David Magalhães Sandro Carvalho Ricardo Jorge Pinto Maria João Félix Joanna Rosak-Szyrocka |
| author_facet | Gilberto Santos Maria David Magalhães Sandro Carvalho Ricardo Jorge Pinto Maria João Félix Joanna Rosak-Szyrocka |
| author_sort | Gilberto Santos |
| collection | DOAJ |
| description | Developing Countries will continue being Developing Countries for a long time, if they are unable to conceive and design new products with their own technology in their own companies. Technological Development based companies are necessary and technical universities can contribute to these activities if a good technological policy, complementary to the research policy, is implemented by their governments. Scientific researchers and engineers must work together to develop new products able to enrich the economy of their own countries. Achieving Innovation is very difficult, or even impossible, without Technological Development, even if a country does a lot of scientific research; it is imperative for Developing Countries, to achieve economic value from scientific knowledge to improve its own living standard. Presently, we are on the threshold of the 4th Industrial Revolution, where digitalization is essential. However, the value created in wealthy countries that design products will tend to increase therefore, the worth of labour in production processes will tend to decrease. Thus, digitalization and the 4th industrial revolution will tend to widen the gap between developed and Developing Countries. If nothing it's done to counter these trends, Digital Transformation will make poor countries poorer and rich countries richer. The already enormous gap in inequality will worsen. |
| first_indexed | 2024-04-13T12:18:57Z |
| format | Article |
| id | doaj.art-19f34e7f301644a0993d611e6c6d9aa6 |
| institution | Directory Open Access Journal |
| issn | 1800-6450 1800-7473 |
| language | English |
| last_indexed | 2024-04-13T12:18:57Z |
| publishDate | 2022-12-01 |
| publisher | Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia |
| record_format | Article |
| series | International Journal for Quality Research |
| spelling | doaj.art-19f34e7f301644a0993d611e6c6d9aa62022-12-22T02:47:16ZengCenter for Quality, Faculty of Engineering, University of Kragujevac, SerbiaInternational Journal for Quality Research1800-64501800-74732022-12-011641297131410.24874/IJQR16.04-22DIGITAL TRANSFORMATION AND GLOBAL INEQUALITYGilberto Santos 0https://orcid.org/0000-0001-9268-3272Maria David Magalhães1Sandro Carvalho 2https://orcid.org/0000-0003-4470-4993Ricardo Jorge Pinto 3https://orcid.org/0000-0001-5557-0690Maria João Félix 4https://orcid.org/0000-0001-5927-7432Joanna Rosak-Szyrocka 5https://orcid.org/0000-0002-5548-6787ESD - Polyt. Institute Cavado Ave, Barcelos, PortugalMagalhães Middlesex University, EnglandEST - Polyt. Institute Cavado Ave, Barcelos, PortugaFernando Pessoa University, Porto, PortugalESD - Polyt. Institute Cavado Ave, Barcelos, PortugalFaculty of Management, Częstochowa University of Technology, PolandDeveloping Countries will continue being Developing Countries for a long time, if they are unable to conceive and design new products with their own technology in their own companies. Technological Development based companies are necessary and technical universities can contribute to these activities if a good technological policy, complementary to the research policy, is implemented by their governments. Scientific researchers and engineers must work together to develop new products able to enrich the economy of their own countries. Achieving Innovation is very difficult, or even impossible, without Technological Development, even if a country does a lot of scientific research; it is imperative for Developing Countries, to achieve economic value from scientific knowledge to improve its own living standard. Presently, we are on the threshold of the 4th Industrial Revolution, where digitalization is essential. However, the value created in wealthy countries that design products will tend to increase therefore, the worth of labour in production processes will tend to decrease. Thus, digitalization and the 4th industrial revolution will tend to widen the gap between developed and Developing Countries. If nothing it's done to counter these trends, Digital Transformation will make poor countries poorer and rich countries richer. The already enormous gap in inequality will worsen.http://ijqr.net/journal/v16-n4/22.pdfdigital transformationinequalityinnovationproduct development |
| spellingShingle | Gilberto Santos Maria David Magalhães Sandro Carvalho Ricardo Jorge Pinto Maria João Félix Joanna Rosak-Szyrocka DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY International Journal for Quality Research digital transformation inequality innovation product development |
| title | DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY |
| title_full | DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY |
| title_fullStr | DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY |
| title_full_unstemmed | DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY |
| title_short | DIGITAL TRANSFORMATION AND GLOBAL INEQUALITY |
| title_sort | digital transformation and global inequality |
| topic | digital transformation inequality innovation product development |
| url | http://ijqr.net/journal/v16-n4/22.pdf |
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