Technical Innovation Assignment | Homework Help Websites

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February 27th, 2019

Technical innovation

Part 1 choose an industry and provide an overview of it’s value to society.

I would choose Automotive industry as the subject of my final paper because the automotive industry seems to be awash with impressive innovation. Innovation in the automotive industry has been occasioned by competition as well as the pressure to meet client demands; as such, quality products have been developed in recent years. Some of the automotive innovation include autonomous driving, e-car, digital services and mobility platforms. The automotive industry has piqued my interest because of its global outlook as well as the factors driving innovation such as need to meet client expectation and competition (automotive industry: No more experiments, 2018). Moreover, according to Boston consulting Group (BCG), innovative development has been very necessary in the part of aspect on automotive industry (the most innovative companies,2012). Nowadays, innovation has been already permeated into the automotive industry as one of the most important factors to make high-quality standard products because new innovative auto-product is not only making the customer have a better experience as a driver but it can also improve our pursuit of product quality and further to rebuild the high-quality standard life. Therefore, in my final paper, I would also be explaining how the auto industry impacts people’s life and the extent to which it has changed over the years.

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