Technology and the Economy: The Case of Falling Productivity Growth in the 1970s

Josef Steindl

Chapter 8 in Economic Papers 1941–88, 1990, pp 94-103 from Palgrave Macmillan

Abstract: Abstract The concept of transfer of technology, or of diffusion of innovations, implies a distinction between the creation of new know-how and its spread through the economy. The first may be described as the activity on the ‘technological frontier’. This is usually identified with the innovators and could be defined as ‘best practice’ or latest know-how. The meaning of diffusion is self-explanatory. For some economists the distinction is connected with the idea that the technological frontier is created autonomously; the innovations enter the economy from outside whereas the diffusion is subject to economic forces and considerations (Maddision, 1979; Gomulka, 1979).

Keywords: Productivity Growth; Trade Union; Technical Progress; Technical Knowledge; Technological Frontier (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20821-0_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349208210

DOI: 10.1007/978-1-349-20821-0_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().