Week 1 DQ 1
Who invests in technological innovation and why?
All people in some way invest in technological innovation, some do so without even thinking about what they are really doing. When you buy a product such as an Iphone the $200, $400 and $600 dollars that the consumer pays get split into a lot of directions. Most companies take a percentage of their earnings and invest it back into the company to make new and more improved products. That’s where things like the iphone 6s comes into play. Because apple takes some of their earnings and make upgrades and changes to the phone so they can attract more people to buy the phone. So as a consumer we all invest in technology innovation.