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Influence of technological change in Ford Generally speaking, technological changes have an enormous impact upon business, resulting in new products and markets and new methods of production and distribution. Ford Motor Corporation, which is the largest motor manufacturing company in the world, is huge influence by technological change that impacts upon Ford's investment, innovation and leads to uncreased employment. On 2 Oct 2001, the Ford motor company announced that it would increase its share of ownership from 13.5 to 19.5 in Ballard Power System, which is the world's leading producer of fuel cell components; this will increase the company's commitment to the development of advanced powertrain fuel cell systems. Investment is the increase in the stock of capital over time, which is the second input into the production process after people; investment will serve to increase the productive potential of the firm. According to Wayne Booker, vice chairman of Ford Motor...

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