East Meets West: A Glimpse of the Globalization and Internationalization of Innovation and Discovery

Abstract

Whether be the politicians, businessmen or academics, “globalization” is such a term that is largely used by everyone in the discourse of development. In McLuhanean view, the result of advent of electronic media can be seen as the creation of "global village". In contemporary political and academic sphere, globalization stands for little more than a synonym for the phenomena like the pursuit of classical liberal / free market policies in the era of economic liberalization, the dominance of westernization or Americanization, the Information Revolution, global integration, etc. The globalization of production technology lies within the native country of different enterprises. For the increasing global segments of industries chain, and the increase in overall knowledge of the economy, the role of globalization is unprecedented. In this framework, the major points have to be discussed. Moreover, my paper proposes to focus on the role of national borders in totality, and examine the methods or procedures which led to this innovation across industries and countries. For this reason, this paper aims to deal with new facts and points regarding the gradual process of globalization and engaging it with different indicators focusing Foreign Direct Investment (FDI).Internationalization strategies and trends of the activities which take place in the process of innovation will also be examined in the paper. Before the discussion on the border innovation methods and procedures, important practical and theoretical issues will be given fair attention. Before stressing importance on the major policies and their dimensions and instructions for future innovations and discoveries, this paper also throws some light on Global technological issues which have become key factors on the horizon of world economy, polity , and geopolitics, and brought paradigm shift.



Author Information
Zarmina Israr, Jawaharlal Nehru University, India

Paper Information
Conference: IICSSDubai2017
Stream: Globalization and Internationalization

This paper is part of the IICSSDubai2017 Conference Proceedings (View)
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