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Globalization, Technology And Competitiveness: From Industrial Revolution To Knowledge Economy

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  • Silvia Marginean

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

Abstract

The world is experiencing a new revolution – the knowledge revolution – fuelled by the technological change. In the same time, globalization and competitiveness are two concepts used to explain modern trends in economic development. This paper analyzes the relationship between globalization, technology and competitiveness. Globalization and technology are linked and they have generated great shifts in the national competitiveness of countries. In a broad sense, industrial revolution can be seen as a change of technologies used to produce goods, services and information. Looking back at the last two centuries we see industrial revolution as a transformation in 4 stages: first stage – textiles; second stage – steel and railway; third stage – chemicals and electricity; fourth stage – information and communication technologies. In all these stages countries have experienced specific forms of globalization and the engines of growth and competitiveness have changed.

Suggested Citation

  • Silvia Marginean, 2009. "Globalization, Technology And Competitiveness: From Industrial Revolution To Knowledge Economy," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 47(4-5), pages 114-119.
    • Handle: RePEc:blg:reveco:v:47:y:2009:i:4-5:p:114-119
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    File URL: http://economice.ulbsibiu.ro/RePEc/blg/reveco/4712Marginean.pdf
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    Cited by:

    1. Nadja Damij & Zoran Levnajić & Vesna Rejec Skrt & Jana Suklan, 2015. "What Motivates Us for Work? Intricate Web of Factors beyond Money and Prestige," PLOS ONE, Public Library of Science, vol. 10(7), pages 1-13, July.

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