Technological Change Process

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A Technological Change Process is a change process that involves a technological invention and technology diffusion.



  • (Wikipedia, 2013) ⇒ Retrieved:2013-11-30.
    • Technological change (TC) is a term that is used to describe the overall process of invention, innovation and diffusion of technology or processes. [1] [2] The term is synonymous with technological development, technological achievement, and technological progress. In essence TC is the invention of a technology (or a process), the continuous process of improving a technology (in which it often becomes cheaper) and its diffusion throughout industry or society. In short, technological change is based on both better and more technology.
  1. Derived from Jaffe et al. (2002) Environmental Policy and technological Change and Schumpeter (1942) Capitalism, Socialisme and Democracy by Joost.vp on 26 August 2008
  2. From The New Palgrave Dictionary of Economics, 2nd ed. (2008) with abstract link:
      ⢠"technical change" by S. Metcalfe.
      ⢠"biased and unbiased technological change" by Peter L. Rousseau.
      ⢠"skill-biased technical change" by Giovanni L. Violante.




  • (Acemoglu, 2002) ⇒ Daron Acemoglu. (2002). “Directed technical change." The Review of Economic Studies 69(4).


  • (Tornatzky et al., 1990) ⇒ Louis G. Tornatzky, Mitchell Fleischer, and Alok K. Chakrabarti. (1990). “The processes of technological innovation.” In: Vol. 273. Lexington, MA: Lexington Books