Innovation in information technology and FinTech Information technology and financial service After the rapid economic expansion in the second half of the 20th century, developed countries all over the world are now facing the common challenge of how to raise their growth potential.
Looking back at history, many major companies that supported the economic growth of the 20th century, such as those in the iron and steel, automobile and petrochemical industries, were established after 1900. For example, U. S. Steel was established in 1901, Ford in 1903, Royal Dutch Shell in 1907, and GM in 1908, and they quickly grew to lead the economy.