COMPLEXITY, COST REDUCTION AND PRODUCTIVITY IMPROVEMENT THROUGH HISTORY

Mats Larsson and Carl-Henric Nilsson
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Mats Larsson: School of Economics and Management, Lund University, Sweden
Carl-Henric Nilsson: Technology Management Centre, Lund University, Sweden

Chapter 32 in Challenges in the Management of New Technologies, 2007, pp 485-496 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractHistory shows us that in the cost/performance ratio of any given product has decreased continuously. This may wrongly have led us to the conclusion that improvements can continue infinitely at the current pace. Our proposition is that we trust a mental picture that is not consistent with the future level of potential improvements in technology and business, which in turn has repercussions for societal change.

Keywords: Management of Technology; Innovation Process; Knowledge Management; Cross-Border Collaboration; Interdisciplinary Collaboration; Indicators for Measuring Innovation; Business in High-Tech Industry; Sustainability; Social Aspects of Technology Management (search for similar items in EconPapers)
Date: 2007
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