Technological Invention

Context:
- It can range from being Unimpactful Technological Invention to being an Impactful Technological Invention.
- It can be a Productivity Enhancing Technology.
- It can be presaged by a Technological Innovation Prediction.
- It can lead to Technological Unemployment.
Example(s):
- a Wheel Invention.
- 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:
  - Internet Invention (of Internet).
  - Personal Computer Invention (of personal computers).
  - Email Invention (of email).
  - WWW Invention (of WWW).
  - Wiki Invention (of wikis).
  - Smartphone Invention (of smartphones).
- …
Counter-Example(s):
- a Business Process Improvement.
- a Technological Regress.
- a Mathematical Invention.
- a Legal Invention.
See: Process, Capital-Augmenting Technology, Harrod-Neutral, Technological Utopianism.

References

http://www.theverge.com/a/verge-2021/google-x-astro-teller-interview-drones-innovation
- 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.
- QUOTE: ... To the extent that the adoption and accumulation of technologies is important for convergence, the empirical ... Accumulation takes place in both capital and labour-augmenting technology. ... For the growth rate of technology in country i, we make the simplest assumption possible ...