Competitive markets good for innovation
By MICHAEL JOHN UGLO
MAN has taken leaps from hunter-gatherer societies to today’s contemporary world.
Guess what has been the driving force behind this change? New ideas and knowledge of course. Today’s technology era superseded the Industrial age after it had outdone the Green revolution age.
In technology, the electronic transmission of a data stream in a digital signal to a receiver and its electronic manipulation had accustomed the world population to find a new meaning in today’s world. Computing devices such as mobile phones have surpassed any other interactive activity involving the mind and communication with immediate contacts.
Data on a distributed system, whether direct transmission or sites in area networks, have built-in capabilities that yield those astounding results that were never seen before and got the world population captivated and benefiting immensely. It also provides a basis and mechanism to conduct business and find exceeding convenience for all purposes such as business communication and transactions.
Outdated, conservative mainstream ideologists have to learn to accommodate very new vibrant ideas to create changes in our society for prosperity because they better address problems from where they emanate. Recapitulating, in technology it does not have space for keeping only one idea as being noble and the biblical truth when many varieties of ideas can produce better results.
This is to ensure progress where there was never progress all these years. If someone is taking up the challenge to check and shake up the rot in the gigantic bureaucratic structure, do not try to stop him or her. The rot is not good for our society because it is corruptive and destroys PNG’s wellbeing.
When a modulated data is sent from a transmitter, the communication channel’s convolution with the bit frequency passage for the multiplexed bus for decoder and hence reception. A probability of error is always present as the signal takes its leading and trailing edges. The success story is that the message has been received. Whether or not it has been successfully received is another question that validates its quality for the presence of errors, virus infection and bugs in the data.
For prosperity and betterment in comparison with technology and the commercial market and particularly for “a competitive market is one where there are numerous producers that compete with one another in hopes to provide goods and services we, as consumers, want and need. In other words, not one single producer can dictate the market. Also, like producers, not one consumer can dictate the market either,” according to Wikipedia.
Competitive market structures and technology
Choosing a market structure or an integration of structures for the PNG economy can firmly ground industry in terms of earnings. Data processing by responsible authorities can have such ameliorating effects that can have a procedure and function from the phenomenon known as data abstraction. It most essentially maintains integrity and quality called data independence. Only that process is independent and atomic, so it speaks about upholding the best information synthesis and manipulation to a produce variety of pioneering results.
“Whether the market structure is a monopoly, monopolistic competition, oligopoly, and perfect competition, a law to integrate all using data function-relation abstraction methodology for specification and validation is recommended for PNG’s prosperity. For instance, “perfect competition is an industry structure in which there are many firms producing homogeneous products. None of the firms are large enough to influence the industry”. Technology has provided the breeding ground and flexibility to synthesis an innovative hybrid marketing platform that can cater for PNG’s situation to produce tangible and viable results unique to PNG.
These are facets of creativity that can get the world’s attention when PNG’s economy can restore some some of that lost pride when it set a record of being the sixth fastest growing economy in the world in 2011 with its non-renewable resource extraction. This time it can supersede this rate even further with renewable resources.
This is a welcoming scenario because it renewable resources and the use of technology are sustainable. That wonder is all contained in the technology package awaiting political will and public funding and support.
The path to PNG’s sustained and unabated economic growth is specifically contained in the computer chip of very large-scale integration circuitry. With production of appropriate integrated circuits and functions of any domain, all innovations are possible. This is the recipe for PNG’s prosperity and can enable PNG to even become the fastest growing economy in the world exceeding its previous record.
In essence, “the process is one of translating an idea or an invention into a good or service that creates value or for which customers will pay. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of customers”, says Wikipedia.
The four different types of innovation mentioned here – incremental, disruptive, architectural and radical – help illustrate the various ways that companies can innovate. There are more ways to innovate than these four.
Stack and queue processing are for specific hardware and asynchronous control with structured programming for object manipulations in a software system including pervasive computing in a distributed mode. This encompasses technological innovation that is talking this world into detailed areas of life to do with perceptual traits of mankind habituation. Let along the cognitive aspect of life as technology is not centred on this phenomenon.
Digital technology and in generic terms, “technological progress has led to the discovery of new and improved methods of producing goods. Changes in technology lead to an increase in productivity of labour and capital. It can be used to increase value across a wide range of categories, such as financial, social, physical, intellectual and many more” on the world’s updated data medium.
In space science, the progress in image processing has far reaching effects. It is taking pictures with very high definitions of image sharpness and contrasts with higher resolutions with pixel matrixes where man cannot reach like taking the very detailed pictures from Pluto. Technology can do that in this age whilst it was never possible before.
With this milestone I applaud and think of one thing to relate this momentous achievement in the history of mankind and that is “May the Sacred Heart of Jesus be everywhere loved and forever,” Amen.
Next week: Structural changes are growth enhancing and a transformation from centre to periphery is growth reducing.
- Michael Uglo is a lecturer in Avionics, Auto-Piloting and Aircraft Engineering. If you are not sure about the content in the lecture series on Technology and Digital Technology in The National and need further explanation, please request the entire series to be sent to you with elaborations. Send comment for furture article to: firstname.lastname@example.org
5G: Drones to beam signals
PLANS to beam 5G signals to the public via drones that stay airborne for nine days at a time have been announced by two UK firms.
They want to use antenna-equipped aircraft powered by hydrogen to deliver high-speed connectivity to wide areas.
Stratospheric Platforms and Cambridge Consultants say they could cover the whole of the UK with about 60 drones.
But telecoms analysts question whether the economic case for this scheme is quite as simple as it sounds.
The Cambridge-based companies say they would run the service in partnership with existing mobile operators.
They are already backed by Deutsche Telekom, which hopes to trial the technology in rural southern Germany in 2024.
Cambridge Consultants designed the antenna for the Stratospheric Platforms aircraft, which is designed to fly at an altitude of 20,000m (65,617ft).
They say they have successfully tested beaming a lower-bandwidth signal from a plane flying at a lower height.
But so far, the drone required is still on the drawing board and would need to be tested with a emission-free hydrogen fuel cell and 5G antenna on board.
Google, with its Project Loon, is running a similar project to bring wireless broadband to remote places using solar-powered high-altitude balloons.
But the chief executive of Stratospheric Platforms says using hydrogen fuel cells is a superior solution.
“This is a very high-density energy source, which enables us to produce a huge amount of power for long periods of time,” explains Richard Deakin.
He adds that each drone would cover an area of 140km (87 miles) in diameter below.
And users would get download speeds of about 100Mbps – allowing them to download a typical four-gigabyte movie in under six minutes.
“Terrestrial masts are extremely expensive to install,” adds Deakin.
“With our system, each aircraft will replace at least 200 masts.”
But industry watchers say safety issues need to be resolved.
“The skies are very heavily regulated,” says John Delaney from research firm IDC.
“Getting a network of constantly flying drones in the stratosphere within three or four years would be difficult.”
Deakin is a former chief executive of Nats – the UK’s National Air Traffic Control Service – so is well aware of what is involved.
And he says the initiative is already talking to air traffic control services across Europe.
By 2024, UK mobile operators should have built much of their 5G networks.
“It is unrealistic to expect that existing infrastructure is going to be displaced by a network of drones,” comments Ben Wood from CCS Insight consultancy.
But he acknowledges they could be useful in hard-to-reach areas, for instance “over large expanses of water, such as a shipping lane”.
Delaney agrees, adding that the solution might suit companies looking to quickly link machines together, for example autonomous trucks driving in and out of a mine.
“You could see a role for a technology like this which lets you get coverage up and running very quickly in very remote areas,” he says.
For now, the biggest challenge could be funding.
Despite Deutsche Telekom’s involvement, the two British firms need more money if they are to offer connectivity from the stratosphere within four years. -BBC