(Redirected from Technological progress)
- Written Language Invention (of written language).
- Financial Invention, such as a currency invention (of currency)
- Contract Law Invention (of contract laws).
- Movable Type Invention (of movable type).
- Steam Engine Invention (of steam engines).
- Telephone Invention (of telephones).
- 3D Printer Invention (of 3D printers).
- an IT Innovation, such as:
- See: Process, Capital-Augmenting Technology, Harrod-Neutral, Technological Utopianism.
- QUOTE: Fast-forward to today, the time between when a new technology is introduced and when it’s completely changed the world has continued to shrink at a fast rate. It’s now probably five to seven years between when a new technology is introduced and when it really has changed society in a fundamental way. If the world is now changing faster than we can accommodate, it causes a huge incremental level of anxiety for society at large.
- (Wikipedia, 2013) ⇒ http://en.wikipedia.org/wiki/Technological_change#Invention Retrieved:2013-11-30.
- The creation of something new, or a "breakthrough" technology. For example, a personal computer.
- (Nelson & Pack, 1999) ⇒ Richard R. Nelson, and Howard Pack. (1999). “The Asian miracle and modern growth theory.” In: The Economic Journal, 109(457).
- QUOTE: ... technological advance from the contribution to growth made by advancing technology without ... is that σ was low and had ®rms been locked into technology they already ... Q f (K, mL) in which m represents Harrod-neutral, (strictly labour augmenting) technological advance. ...
- (Bernard & Jones, 1996) ⇒ Andrew B. Bernard, and Charles I. Jones. (1996). “Technology and convergence." The Economic Journal.