On October 8th 2020, a CBC article was published that detailed the investment of public funds by both the governments of Canada and Ontario into Ford Motor Company to help them upgrade their Oakville plant for the production of electric vehicles. This upgrade will make the Oakville plant Ford’s largest electric vehicle factory in North America. Both governments described their investment as a “win-win” because they promote employment, technology innovation and “our transition to a low-carbon, clean-growth economy.”
a) Perhaps Ford Motor Company’s decision to accelerate their capacity to manufacture electric vehicles signals their understanding of planetary boundaries. If this were the case, and drawing on concepts from class on business and the natural world, how would electric vehicle production lessen the stress on any specific planetary boundary, and would this strategic shift reflect an adaptation strategy, a mitigation strategy, or both? Explain.
In: Accounting
smartphone industry report with data from 2010 to 2020 export and import less than 3500 word
In: Economics
In: Economics
Chinese furniture industry analysis from 2010 to 2020 export and import write less than 3000 words
In: Economics
2.Define in detail the terms science and technology. How are these terms different, similar and what is the connection between them? Define in detail the terms invention and innovation. Are there any differences, similarities and connection between them? Why? As part of your description include an example of each type.
In: Mechanical Engineering
1.What is a 'technology dead end’? Why are technology dead ends important for economic growth? Illustrate with an example. Hint: Easterly (2002) talks about all this in ch. 9.
2.In your opinion, does intellectual property (i.e. temporary ownership of ideas) incentivize the creation of more new ideas or does it lower the rate of subsequent innovation and creative expression? Explain briefly how or why. Gilbert (2011) may help you think about this.
In: Economics
Technology has changed many things about the way that the world lives, works, produces things, and runs. The energy industry has been significantly impacted by the development of renewable energy harnessing. For this discussion, analyze 2 of the attached articles, and provide a logical discussion about the coal industry and how it is being replaced due to technology.
Unit 5 Coal Losses Offset Elsewhere Article.pdf
Unit 5 2017 US Energy and Jobs Report_0.pdf
Unit 5 2017 US Energy and Jobs Report State Charts 2_0.pdf
Support your discussion with data from the article and from other sources if you would like. Analyze the impact of renewable technology on the economy, the collective issues that are impacted by these new technologies, and the global renewable energy revolution. Provide at least 2 resources in APA format.
In: Psychology
As one recommendation of a type of innovation that would permanently expand the productive capacity of the economy, your Policy Brief team has modelled the effects of investing in scientific research that would develop ways to more effectively use renewable energy sources in production methods. This new innovation could then be widely disseminated for uptake by businesses throughout the economy. This new innovation would bring down the production costs for businesses, and enable the economy to make even more productive use of our existing resources. Illustrate the predicted effects of renewable energy innovation using an AD-AS diagram. Provide bullet points to explain what is happening in your diagram. As with all of your diagrams, be sure to indicate the original and new equilibrium points, and what happens to output and price level
In: Economics
Consider the AS-AD model of a closed economy.
a. Write down the expressions for the AS and AD curves and interpret the expressions: what is the intuition behind the two curves? What must be true of the model parameters and variables in the long-run equilibrium, i.e. in the steady state?
b. Analyse the effects of a supply shock that causes a temporary increase in inflation, using a diagram. Assume that the shock lasts for one period and then assumes the value zero. Describe the mechanisms that bring the economy back to long-run equilibrium. What happens to aggregate demand?
c. Consider an economy that starts out in steady state when the central bank decides to make the inflation target more ambitious. Analyse the effects of a decrease in the inflation target from ?̅ to ?̅′. Explain the mechanisms behind the adjustment to the new steady state.
d. How would the slope of the AS and AD curves be affected if we instead were to consider an open economy? No derivations are needed, but please motivate your answer.
In: Economics
INNOVATION IN THE CONSTRUCTION INDUSTRY
The construction industry has been criticized because of its low
productivity and quality in comparison with other industries. One
of the main reasons is the industry suffers from a lack of
innovation. Thanks to digitalization, innovative technologies and
new construction techniques had been introduced recently. This is
reflected with the rapid emergence of augmented reality, drones, 3D
scanning and printing, Building Information Modelling (BIM),
autonomous equipment and advanced building materials. By adopting
and exploiting these innovations, companies will boost
productivity, streamline their project management and procedures,
and enhance quality and safety. However, the adoption rate of
innovation in the Malaysian construction industry is still low. One
of the reasons is due to the lack of awareness. For this, the
Construction Industry Development Board (CIDB) has taken initiative
by inviting everyone to participate in the Innovation in
Construction Industry Awareness Campaign 2020. Your company is
taking part in this campaign with the purpose to create awareness
among the construction industry players on the available innovation
that can be used in the construction industry to increase their
productivity.
For this, your company are required to prepare a report that
contains information on the innovation available in the
construction industry in terms of:
a) The definition
b) The purpose
c) The benefits
In: Civil Engineering