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Concept - Techno Economic Paradigm

(1) Huawei's advancement in 5G technology represents a new techno-economic paradigm similar to the shift from typewriters to computers; (2) 5G will diffuse across many industries like automobiles and healthcare, enabling new applications and industries through increased connectivity and sharing; (3) While increasing innovation, this transition also threatens some current industries and business models.

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Leithycia Deschézeaux
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50 views

Concept - Techno Economic Paradigm

(1) Huawei's advancement in 5G technology represents a new techno-economic paradigm similar to the shift from typewriters to computers; (2) 5G will diffuse across many industries like automobiles and healthcare, enabling new applications and industries through increased connectivity and sharing; (3) While increasing innovation, this transition also threatens some current industries and business models.

Uploaded by

Leithycia Deschézeaux
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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View the lecture and news article on Huawei’s increasing global tech advancement and the

growing tension between Washington and Beijing:


https://www.apnews.com/f3bfbc03498a4a66b5ded56497ecb75c
1. Identify three concepts/theories from the topic

Concept – Techno Economic Paradigm

2. Provide a working definition for the concepts/theories

Definition;
Techno economic paradigm epitomizes a generally steady bunch of centre advances around
which development and monetary actions happens. The centre innovation has a solid effect
in the monetary society. Being characterized as a centre because of their potential for
speculation and entrance over a wide number of items and industries ( Conceicao and
Heitor, 2004).

6th Techno
Information neural Global information
economic networks linkages

paradigm

5th Techno Automated Cars and Smart


City. Reduces boundaries
Stage of Information and Consider Cornings as an Led to a sharing economy
Economic Communication, example and HUAWE's 5G and hydrib market model
between countries and
increases access to
Paradigm information

4th techno 1930's - 1990's


Gave rise to transport
Economic Fordist mass production
running with oil like Cars
or aeroplane
paradigm

3rd Economic Electrical and heavy


1830's- 1890's
Engineering Engineering
Tech Paradigm

2nd Economic Steam power and railways


Tech Paradigm

1st Economic Early Mechanisation


1770's - 1840's
Example - Mechanised
Tech paradigm weaving loom machine.

HUAWEI’s 5G in itself is a technological paradigm likened to the move from typewriters to


computers.
Because Key technologies allows for economic and technological leadership (Fletcher &
Crawford, 2017) explain how HUAWEI aims China from being a low wage factory to
technological creators by bringing in new technological shift. To date HUAWEI is praised by
politics of its country

5G will not only be involved in broadband devices but will also diffuse into other industry
like the automobile industry or health industry. 5G will encourage innovators and give rise
to whole new industries which will result in a sharing economy; A hybrid market model
referred to peer to peer base sharing of access to information, goods and services.

On the side this new type of techno economic shift represents a threat to certain industries
rendering some goods and services obsolete. 5G will not be a category killer but rather a
Killer application. Consider for instance automated cars being able to calculate in itself your
ETA based on information received from other vehicles and road works compared to what
you have today.

Discuss how marketing is perceived by the:


(a) brand;

HUAWEI tries to reduce concerns about security by allowing foreign reporters and
photographers into their research centres. HUAWEI implanted labs in Britain, Canada
and Germany to conduct security tests on its software and hardware

(b) host government;


Many governments namely the US, Australia and Thailand has banned the usage of
Huawei technologies because they speculate that HUAWEI’s technology is used for
spying purposes and in addition to that accuses HUAWEI to violate market opening
obligation and has stolen know how. All these accusations are up to now unfounded
because no one came forward with facts or evidence.

HUAWEI is praise in China

(c) consumers;

Huawei is the world’s number 2 best seller of Smartphones right behind Samsung
and before Apple.

(d) competitors in the overseas market

HUAWEI is on the rise and competes with NOKIA from Finland and Ericcson from
Sweden and has passed them in 2017. Because of certain countries banning
HUAWEI’s technology this will decrease competition and increase prices for
consumers.

Despite competition the company had signed contracts with top global companies to
test the 5G.

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