Capacity utilization revisited: software, control and the growth of large technical systems
Paul Nightingale,
Tim Brady,
Andrew Davies and
Jeremy Hall
Industrial and Corporate Change, 2003, vol. 12, issue 3, 477-517
Abstract:
This paper explains how a class of IT-intensive capital goods called control systems are used to co-ordinate the flow of goods, traffic, materials, funds, services or information through complex supply, production or distribution systems. The paper examines how they increase productivity by improving the utilization of installed capacity, creating economies of system that are distinct from the traditional economies of scale, speed and scope. The paper explains which sectors they are important in, and how innovation in control technologies relates to architectural changes in Large Technical Systems. It is illustrated by case studies of four very different sectors: elevators, retailing, telecommunications and investment banking. While control systems improve efficiency and enable product innovation, they also create reliability problems and can alter the social distribution of risk. Copyright 2003, Oxford University Press.
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (29)
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:oup:indcch:v:12:y:2003:i:3:p:477-517
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
Industrial and Corporate Change is currently edited by Josef Chytry
More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().