Search results
Results from the WOW.Com Content Network
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
The technological transitions framework does acknowledge the co-evolution and mutual unfolding of societal change alongside technological innovation. However, the socio-technical transitions framework considers a more encompassing view of the interdependent links that technology maintains with systems that both generate the need for new ...
In teaching technical geography, instructors often need to fall back on examples from human and physical geography to explain the theoretical concepts. [14] While technical geography mostly works with quantitative data, the techniques and technology can be applied to qualitative geography, differentiating it from quantitative geography. [1]
Conversely, modern technology dynamics studies generally advocate that technologies are not "self-evident" or market-demanded, but are the upshot of a particular path of technology development and are shaped by social, economic and political factors. in this sense, technology dynamics aims at overcoming distinct "internal" and "external" points ...
Technological change is included in the JEL classification codes as JEL: O3 Wikimedia Commons has media related to Technological change . The main article for this category is Technological change .
A technical change is a term used in economics to describe a change in the amount of output produced from the same amount of inputs. A technical change is not necessarily technological as it might be organizational, or due to a change in a constraint such as regulation, input prices, or quantities of inputs. Some scholars note the paradox that ...
The endogenous growth theory primarily holds that the long run growth rate of an economy depends on policy measures. For example, subsidies for research and development or education increase the growth rate in some endogenous growth models by increasing the incentive for innovation.
Those that were most successful developed an ability to change and adapt to new circumstances over time. For example, the development of economic institutions, such as plantations, was caused by the need for a large property and labor force to harvest sugar and tobacco, while smallholder farms thrived in areas where scale economies were absent ...