Improvement in transportation through inventions

Description

The speed of transportation has improved significant due to technological inventions

Enablers:

1. R&D
2. Private companies search for optimization and cost down
3. Infrastructure in ports
4. International trade spreads technology

Inhibitors:

1. Lack of skills in non-developed countries to absorb technological knowledge
2. Politics
3. Competition

Paradigms:

Efficient processes through constant innovation.

Experts:

1. WTO

Web Resources:

http://www.wto.org/english/res_e/publications_e/wtr08_e.htm