Problem 1: Innovation is the number one driver of US economy. Computer, internet
ID: 2267287 • Letter: P
Question
Problem 1: Innovation is the number one driver of US economy. Computer, internet, smart phones, smart watches, self-driving cars, Amazon Alexa, Google home, military technologies such as Drones, are some of the examples of innovation and many of these innovative technologies are utilized by the millions of citizens all around the world. In this spirit, if all the funds and resources are available to you to do the innovation, what would you innovate related to your discipline? To shape up your writing for the innovation topic, please try to incorporate the best answers (based on your ability) to following questions in your write up: What is the strong rationale for the topic of innovation? What are the two goals that will be needed for realizing the innovation? What are the two objectives of each goal described earlier? Find and discuss at least one technique or algorithm without which your innovation is not be possible. Please submit your paper in PDF format in ECampus > Homework Assignment 3 link. Use single spacing, 10 pts Times New Roman font with 1 inch page margin all sides format. Page limit -1 page. Write the title of the innovation in the header space of the page. Use page 2 for graphs, tables and references. Do not write your name on the documentExplanation / Answer
The detailed answer is given below:
Innovation is the force that drives any economy such as US economy. Role of innovation is extremely important for the economy to thrive. After the advent of any new technology or a new product, the sales remain high for the initial period of, say, 10 years. Sales start to reduce after that. Now, as its a well known fact, selling of product is one of the most important factors by which economy can survive. So, by innovating new things or by building better versions of the previous products, sales figures can be acheived and in this way, innovation plays an extemely important role in the growth of an economy.
The two most important goals are 1. Development and 2. Profit for the parent company.
Profit for the parent company that will invest the money behind the innovation is extremely important. At the same time, the product of innovation should be such that it brings about some development for the soceity. If these two goals can be acheived, then overall economic growth is possible.
With all the funds available to me, I have a method by using which Earthquake can be predicted. This prediction technique, if implemented on a large scale, will help to evacuate people well in time, saving lot of human lifes. The method is earthquake prediction using Satellite Links.
Algorithm:
1. Set up Global Navigation satellite System Reveiving stations along an area say 10 stations along 1000 Km length of area with each station seperated by 100 KM.
2. Ensure that all the data logged is fed to the central processing data centre.
3. At the central processing data centre, using Ionospheric Ray Tomography, tomograms will be generated which will show the variation of the electron content.
4. Few days prior to earthquake, the electron density increases rapidly. When this kind of scenario will be recorded over any specific area from the tomogram, it will be a precursor for the earthquake and based on this, immediate evacuation can be made.
Hope this helps.