Technology and Spring2014

Technology and Spring2014 - Business Law and Innovation...

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Business, Law, and Innovation Technology & Business Lecture 1 Spring 2014 Professor Adam Dell The University of Texas School of Law
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- Economy at a macro level - Reason companies buy/ use technology - Rate of adoption - Technology inside companies - Appendix: Brief History Basic Vocabulary What’s the Big Deal?
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Economy at a Marco Level Our economy is shifting from capital-based economy to information-based economy Physical capital needs drop, as we move from tangible to intangible Cost of computing & communications decline the more prevalent they become Information KEY to COMPETITIVE EFFICIENCY
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From the physical to digital
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Adoption of Tech = Per Cap Income Growth
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For the B School Students… What is Capital Expenditure? Who are the most efficient spenders?
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Technology as a % of Capital Expenditures Source: S&P's Research Insight
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Every Functional Area of Business Technology Invasion Every major business function addressed Communications (email, phone, fax, instant messaging) Supply Chain (partners, suppliers, customers) Procurement (RFQ, RFP) Sales (lead management) Customer Relationship
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  • Fall '09
  • ERNIESMITH
  • Law, Computer network, Local area network, Wide area network, WAN WAN

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