IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/19076_5.html
   My bibliography  Save this book chapter

Technological progress

In: The Invention of Technological Innovation

Author

Listed:
  • .

Abstract

We now reach a key stage in the development of the term and the study of technological change. Economic progress now has the central place in the language and discourse of technological change. This is the end result of several decades of thinking on machines. The debate on technological unemployment ended with an optimistic view. Not all inventions give rise to unemployment. Unemployment depends on the types of machines or inventions. Above all, technological unemployment is a matter of temporary displacement rather than job loss. The National Research Project (NRP) initiated the first empirical program on technological change and concluded similarly: technological change leads to economic progress (productivity). Then Rupert Maclaurin opened the black box of technological change, and identified research as a key factor of technological change. Now, technological change becomes strictly economic and is equated to economic progress, called technological progress. “Technology in itself implies technological progress†, stated Ferdynand Zweig. Zweig understood progress as upgrading civilization and increasing man’s control over nature (Zweig, 1936: 28). He illustrated his assertion by proposing a classification of stages in the development of technology: primitive (tools), qualitative (workshop tools) and quantitative (machine) (pp. 28-32). Scholars subsequently made technological progress a matter of economic issues. “Economic progress which results from a change in knowledge is known as technological progress†, claims Vernon Ruttan (1924-2008), economist at the University of Minnesota and a prolific scholar on technological change in the 1950s and after (Ruttan, 1954: 1). As another economist put it later on: “Technical progress is knowledge that make[s] it possible to produce (1) a greater volume of output [technological change] or (2) a qualitatively superior output from a given amount of resources†(technological innovation) (Rosenberg, 1982: 3). In this context, efficiency (in converting input into output) is the key word. This representation gave rise to an economic field or specialty, even a tradition of research.

Suggested Citation

  • ., 2019. "Technological progress," Chapters, in: The Invention of Technological Innovation, chapter 5, pages 92-111, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:19076_5
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781789903331/chapter05.xhtml
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marcato, Marilia Bassetti & Dweck, Esther & Montanha, Rafael, 2022. "The densification of Chinese production chains in the context of vertically fragmented production," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 75-89.
    2. Giovanna Magnani & Beatrice Re, 0. "Lived experiences about car sharing in young adults: Emerging paradoxes," Italian Journal of Marketing, Springer, vol. 0, pages 1-23.
    3. Jarrín-V, Pablo & Falconí, Fander & Cango, Pedro & Ramos-Martin, Jesus, 2021. "Knowledge gaps in Latin America and the Caribbean and economic development," World Development, Elsevier, vol. 146(C).
    4. Gonzalo Armienta [y otros] & Eric Tremolada Álvarez (editor) Author-Email, 2020. "Conjuntos geopolíticos, regionalización y procesos de integración en el siglo XXI," Books, Universidad Externado de Colombia, Facultad de Derecho, number 1215, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:19076_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.