Abstract
SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.
Abstract
The arena of technological advancements continues to grow due to changing
market demands, which creates inevitable competition among innovators. Thus, this
leads to the emergence of disruptive innovation. This chapter examines the relationship
between the Regional Comprehensive Economic Partnership (RCEP) agreement and
the advent of Disruptive Innovation. RCEP was signed in November 2020 by a total of
fifteen countries, with the goal of advancing regional economic integration and
exerting greater influence over the Free Trade Agreement (FTA). The main focus of
this chapter is on assessing the benefits of disruptive innovation and trade under the
Regional Comprehensive Economic Partnership (RCEP). We performed a literature
review and applied SWOT analysis in order to assess the strengths and weaknesses of
disruptive innovation, as well as the opportunities and challenges presented by the
Regional Comprehensive Economic Partnership. Disruptive innovation can be
beneficial to the majority of RCEP countries since it can raise market growth, increase
profit, and increase the productivity of – and efficiency for, disruptive technologies
used in manufacturing. On the other hand, the possible challenges may be detrimental
to smaller emerging economies, whose employment rates may be adversely impacted,
and local enterprises may be overshadowed as a result of the increased competition.
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Authors:Bentham Science Books