Module 5

Globalization 3.0 is built around "the triple convergence."

         Convergence One: Around 2000 the three additional components that acted on the flatteners to create a new, flatter global playing field by converge and working together. Several firms built machines that would print, fax, scan, email, and copy. Convergence Two: New technology and new ways of doing business, a new flat playing field, and people adopted new habits, skills and processes. HP, Cisco and Nokia collaborated on the camera phone that beamed the digital picture to an HP printer which then prints them out. SW Airlines let people make reservations and print their own boarding passes. Convergence Three:  A whole new group of people came out on the playing field China, India, and former Soviet Union. China, India, Russia, Eastern Europe, Latin America, and Central Asia brought new players to the game, people that had never been allowed to compete and collaborate before because they lived in closed economies. They added new brain power to the game and enhanced horizontal collaboration across the world, they are smart, educated, and hard-working and want the same standard of living that you do. Technology will literally transform every aspect of business, every aspect of life and every aspect of society. Technology will transform every aspect of business, life and society.

 India vs. Indiana

        I had a hard time understanding what happened in this, I don’t think there was an exploiter or an exploited with India an Indiana. I think they both failed, they both lost. Indian consulting firm won the contract to upgrade the unemployment department of the state of Indiana.

Intellectual property

      Intellectual Property is a legal term for creations of the mind like discoveries and inventions; music, poetry, and other artistic works. Intellectual property’s rights is an important assets for you to have for your business. So when the system works, it can be an engine for creativity, innovation and consumer protection. I think IP is very important because when you create something it is yours it is your property just like your house or car, and you deserve to get credit for it.