Dynamics Of Technological Change

Pt. 1. The ingredients -- pt. 2. The governance of localised technological knowledge -- pt. 3. The introduction of localised technological change.

Technology is not an end in itself, but a way of satisfying human wants. It shows us how to solve the age-old economic problem of surviving and pros pering in a hard world. But to optimize the benefits of technological advance requires an understanding of how it happens. The purpose of this book is to provide some of that understanding. The subject is so enormous and so intertwined with every human activity that a small selection of it, and that from a special viewpoint, is inevitable. The selection of subject matter has been, of course, conditioned by what interests me and is somewhat heterogeneous. However, it is connected by two major themes. The first is that it emphasizes the dynamic nature of technology, in the sense that it must be approached as a process evolving in time that can often be described in quantitative terms. The second is that I have chosen topics that I believe are essential for a strategic sense of how to plan for, execute, and respond to technological change. These two themes complement each other because the strategic sense requires an appreciation of the dynamics and the dynamics naturally lead to a consideration of how to deal with technology so that it can be used to achieve human objectives. The unifying thought behind the book is that technological change has a systemic as well as an idiosyncratic aspect.

Industrial transformation is a research and teaching field with a focus on the phenomenon and mechanisms of industrial development and renewal. It concerns changes in economic activities caused by innovation, competition and collaboration, and has a rich heritage of evolutionary economics, institutional economics, industrial dynamics, technology history and innovation studies. It borrows concepts and models from the social sciences (sociology, history, political sciences, business/management, economics, behavioural sciences) and also from technology and engineering studies. In this book, the authors present the key theories, frameworks and concepts of industrial transformation and use empirical cases to describe and explain the causes, processes and outcomes of transformation in the context of digitalization and sustainability. They stress that industrial transformation consists both of Darwinian "survival of the fittest" selection, and of intentional pursuits of innovation, and of industrial capabilities creation. The work argues that managing the global trends of transformation is not only about new technology and innovation: existing institutional settings and dynamic interactions between technological change, organizational adaptation and economic activities also have a profound impact on future trajectories. The areas under investigation are of great relevance for strategic management decisions and industrial and technology policies, and understanding the mechanisms underlying transformation and sustainable growth.

This text elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It assesses the implications for industrial policy, technology and innovation policy.

This volume presents a comprehensive assessment of the economic effects of the emerging information and communication technologies associated with a knowledge-based economy, and looks at how knowledge is increasingly treated as a product in its own right. An original framework is developed to comprehend these fundamental shifts, based on three bodies of knowledge: * the economics of path dependence and of historical time as they are elaborated in the economics of new technologies * economic topology based on the methodology of network analysis * the new economics of knowledge and the concept of localized technological change This book provides a unified analytical framework for the study of the transition of advanced economic systems towards a knowledge-based economy.

The interrelations of science and technology as an object of study seem to have drawn the attention of a number of disciplines: the history of both science and technology, sociology, economics and economic history, and even the philosophy of science. The question that comes to mind is whether the phenomenon itself is new or if advances in the disciplines involved account for this novel interest, or, in fact, if both are intercon nected. When the editors set out to plan this volume, their more or less explicit conviction was that the relationship of science and technology did reveal a new configuration and that the disciplines concerned with 1tS analysis failed at least in part to deal with the change because of conceptual and methodological preconceptions. To say this does not imply a verdict on the insufficiency of one and the superiority of any other one disciplinary approach. Rather, the situation is much more complex. In economics, for example, the interest in the relationship between science and technology is deeply influenced by the theoretical problem of accounting for the factors of economic growth. The primary concern is with technology and the problem is whether the market induces technological advances or whether they induce new demands that explain the subsequent diffusion of new technologies. Science is generally considered to be an exogenous factor not directly subject to market forces and, therefore, appears to be of no interest.

In The Dynamics of Technical Innovation, Geert Duysters explores the evolution of complex industrial systems over time by examining technological and market developments in the computer, telecommunications and semiconductor industries. An integrated theoretical framework is developed by Professor Duysters to study the relationship between technological change, changing industry structures, and innovation strategies by several different categories of company. This is followed by an in-depth empirical analysis of technological convergence, strategic technology partnering and globalization - three major factors in the development of information technology over the past decade. The Dynamics of Technical Innovation is one of the first attempts to measure quantitatively the technological convergence process in information technology. Providing new insights on the internationalization of research and development, this analysis of recent and historical developments in the information technology industry which will be welcomed by scholars and practitioners interested in international business, technological change and innovation management.

Technology dynamics is broad and relatively new scientific field that has been developed in the framework of the post-war science and technology studies field. It studies the process of technological change. Under the field of Technology Dynamics the process of technological change is explained by taking into account influences from "internal factors" as well as from "external factors". Internal factors relate technological change to unsolved technical problems and the established modes of solving technological problems and external factors relate it to various (changing) characteristics of the social environment, in which a particular technology is embedded. Technology is taking on an increasingly vital and determining role in society, and can provide conflicting results: wealth on the one hand, but also unemployment, environmental imbalances and other social problems on the other. Manufacturing techniques and production organisation are chosen in every country based mainly on the specific needs of the companies, while the real needs of each population are often quite different. Already, in order to prevent all forms of technology from becoming increasingly "invasive", towards both the natural supply of resources and the specific - though highly differentiated - needs of humanity, technological paths must be identified and followed which are capable of making the various needs compatible, from the standpoint of sustainable development, the conservation and increase in value of natural resources, and the quality of development. This book focuses on the dynamics of technological change. It specifically asks whether technological change occurs in leaps and bounds, or whether it takes place gradually and continuously. It sets up an analogy between technological progress and biological evolution, and tries to apply the concept of punctuated equilibrium to the analysis of technology. It observes that one concept that has been employed in the economics of growth is the steady state, a form of growth which is itself constant and predictable, and thus can be regarded as a dynamic equivalent to the concept of equilibrium. General framework is proposed to relate strategic options and choices to the evolution of technologies, organisations and industry positions following a technological discontinuity. This book will be of valuable for a general reader to understand the inter-relationship between science, technology and society and particularly the contribution made by engineers towards technology development. It easily explains the underlying dynamics that affect all undertakings in the social sector.