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Some empirical perspectives on the economic effects of technological innovations

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  • Gold, Bela

Abstract

On the basis of extensive empirical research, this discussion reviews: first, the need to modify numerous widely prevailing expectations covering the economic effects of technological innovations; second, some of the specific errors commonly made in estimating the prospective benefits of particular technological innovations being considered for adoptions; third, some means of intensifying technological improvement effects; and finally, some of the shortcomings often encountered in evaluating the effects of technological innovations after they have been installed.

Suggested Citation

  • Gold, Bela, 1986. "Some empirical perspectives on the economic effects of technological innovations," Omega, Elsevier, vol. 14(2), pages 99-118.
    • Handle: RePEc:eee:jomega:v:14:y:1986:i:2:p:99-118
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