Some empirical perspectives on the economic effects of technological innovations

Bela Gold

Omega, 1986, vol. 14, issue 2, 99-118

Abstract: On the basis of extensive empirical research, this discussion reviews: first, the need to modify numerous widely prevailing expectations covering the economic effects of technological innovations; second, some of the specific errors commonly made in estimating the prospective benefits of particular technological innovations being considered for adoptions; third, some means of intensifying technological improvement effects; and finally, some of the shortcomings often encountered in evaluating the effects of technological innovations after they have been installed.

Date: 1986
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