Jun 08 2009

City-regions that struggle together, gain together

by at 3:28 pm

 Avner Greif’s article, “Cultural Beliefs and the Organization of Society…” (1994), presents an important look at how cultural beliefs systems have an impact on trade and markets within societies. When looking at the impact of collectivist societies against individualistic societies, Greif notes that cultural beliefs impact social interactions but can have varying effects on wealth distribution (Greif, 19). The horizontal relationships within collectivism are often very beneficial for individuals in small closed regional economies as they provides the informal institutions of protection and feedback loops, but they do little to grow the market for the overall wealth of the people. It can also have devastating results when groups and their cultural beliefs clash with nearby regions. Continue Reading »

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Jun 04 2009

Technological links in a repressive society

by at 3:29 pm

The role of technology in network development is crucial to fashioning a self-sustaining economy. Technology can cut down on transaction costs, bounded rationality (North) and can forge cross-cutting ties (Narayan) that will strengthen the network. It also supports bridging capital (Narayan), in that the up-front costs of implementation then fall to zero when more people are added to such a network. As a development strategist, it is therefore crucial to measure the potential gains of a technological enhancement for a region even at a high implementation cost.

Technological enhancements are especially important for isolated communities or nations with restrictions on free press. Continue Reading »

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Jun 04 2009

Leaning on tacit technology

by at 3:00 pm

Technology is defined in relation to its purpose and its user. My dad, who works as a network and IT professional for two companies has always told me that when I have a computer problem it is most likely user error. This used to frustrate me because I would spend hours trying to figure out what I was doing wrong only to find I had turned off something to make my computer and/or its program run right. These challenges led me to always place myself a step ahead of the technology that my school work or career was dependent upon for a final product.

The most important thing when dealing with a technology strategy is to take into account the resources you have and what it would take to implement that technology. Technology has advantages for those who use it. It can shorten distances and maintain connections where people lack the memory or ability because of time or space constraints.

The user/technology relationship

The user/technology relationship, By Gold Coast

Continue Reading »

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