Be more successful than others in a competitive situation or do things in advance in order to succeed in a competition. But, the advancement in technology has created a new economic environment which depends on information and that is what I call ‘’ INFORMATION AGE ”, the information age provides a different work environment and this has helped small businesses gain position in highly competitive markets.
Until recently, it was believed that the development of technology was restricted only to human beings, but 21st century scientific studies indicate that other primates and certain dolphin communities have developed simple tools and passed their knowledge to other generations.
The word technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a preexisting solution to a problem, achieve a goal, handle an applied input/output relation or perform a specific function.
Unlike the case of science, where the practical consequences of entertaining a particular theory are not taken into consideration, the context of discovery in technology is governed by severe constraints of time and money, and an analysis of the problem how best to proceed certainly seems in order.
Aristotle referred to this tradition by repeating Democritus’ examples, but he did not maintain that technology can only imitate nature: generally art in some cases completes what nature cannot bring to a finish, and in others imitates nature” (Physics II.8, 199a15; see also Physics II.2, and see Schummer 2001 for discussion).