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Technology Revolutions and The Gestation of New Technologies
Oleh:
Shy, Oz
;
Chien-Fu, Chou
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 3 (1993)
,
page 631-646.
Topik:
technology
;
technology revolutions
;
gestation
;
technologies
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II49.3
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
We formalize an explanation for technology revolutions and growth cycles in a model where consumers and firms benefit from periodic changes in technology which result in the development and marketing of new generations of products. We characterize the equilibrium and analyze the effects of changing the rate of technology growth, resource endowment, and R & D and production costs on the duration of generations of products and the frequency of technology revolutions, and hence the growth cycles.
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