Technological Innovation Affects Economic Development

picture : kompasiana

As we all know, technological advancements can influence changes and advancements that occur in any country on a global scale. Technology can also cause economic growth in an aggregate way, which means that it can create new opportunities and increase existing ones when used in a fair and impartial manner, resulting in the creation of foreign exchange revenues.

It can be felt that since Covid 19 the emergence of problems that are growing in the community, disruption of citizens' activities and the country's economy, economic growth has decreased so that people have to innovate through technology and overcome existing problems.

Technology is able to help activities as before by using digital platforms to increase community activities. at home, such as meetings, schools and as a new opportunity for MSMEs, technology will benefit producers and consumers if it is utilized optimally, but technological developments must be supported by superior human resources so that they can collaborate well, the role of technology is able to change the way we interact and able to increase significant development towards economic growth.

This digital era is dominated by progress which is expected to be a solution to problems, which can be seen from the perspective of MSMEs, of course it is a big opportunity in running their business, being able to increase the number of products and wider marketing reach. The role of technology in developing businesses can be through marketing strategies via e-commerce. and other online platforms with digital technology will be a door of opportunity for entrepreneurs in creating jobs, technology is able to create new opportunities and innovations after Covid 19, economic progress in the technology sector is truly extraordinary, able to create jobs such as the digital industry, content creators, investment instruments and many more, if technology is used wisely it can overcome existing problems such as unemployment, poverty and existing problems of course there must be equality in the field of education and the implementation of technology in various regions.

When all parties are ready and able to collaborate, of course they will be able to produce extraordinary digital economic growth as we all hope for in 2045. The government's role is very important to support regulations and incentives for economic growth so that we all hope that the government will be able to develop further in every sector that is needed.