Technological Transitions
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Technological Transitions
Technological transitions (TT) can best be described as a collection of theories regarding how technological innovations occur, the driving forces behind them, and how they are incorporated into society. TT draws on a number of fields, including history of science, technology studies, and evolutionary economics. Alongside the technological advancement, TT considers wider societal changes such as "user practices, regulation, industrial networks (supply, production, distribution), infrastructure, and symbolic meaning or culture".Geels, F. W., 2002. Technological transitions as evolutionary reconfiguration processes: a multi-level perspective and a case study. Research Policy 31 pp. 257-1273 Hughes refers to the 'seamless web' where physical artifacts, organizations, scientific communities, and social practices combine. A technological transition occurs when there is a major shift in these socio-technical configurations. Origins Work on technological transitions draws on a number of f ...
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History Of Science
The history of science covers the development of science from ancient times to the present. It encompasses all three major branches of science: natural, social, and formal. Science's earliest roots can be traced to Ancient Egypt and Mesopotamia around 3000 to 1200 BCE. These civilizations' contributions to mathematics, astronomy, and medicine influenced later Greek natural philosophy of classical antiquity, wherein formal attempts were made to provide explanations of events in the physical world based on natural causes. After the fall of the Western Roman Empire, knowledge of Greek conceptions of the world deteriorated in Latin-speaking Western Europe during the early centuries (400 to 1000 CE) of the Middle Ages, but continued to thrive in the Greek-speaking Eastern Roman (or Byzantine) Empire. Aided by translations of Greek texts, the Hellenistic worldview was preserved and absorbed into the Arabic-speaking Muslim world during the Islamic Golden Age. The recovery and ...
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Evolutionary Economics
Evolutionary economics is part of mainstream economics as well as a heterodox school of economic thought that is inspired by evolutionary biology. Much like mainstream economics, it stresses complex interdependencies, competition, growth, structural change, and resource constraints but differs in the approaches which are used to analyze these phenomena. Some scholars prefer to call their evolutionary theory by a different names. Samuel Bowles named it "evolutionary social science" and Joachim Rennstich called it "evolutionary systems theory". Evolutionary economics deals with the study of processes that transform economy for firms, institutions, industries, employment, production, trade and growth within, through the actions of diverse agents from experience and interactions, using evolutionary methodology. Evolutionary economics analyzes the unleashing of a process of technological and institutional innovation by generating and testing a diversity of ideas which discover and ...
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Transition Management (Governance)
Transition management is a governance approach that aims to facilitate and accelerate sustainability transitions through a participatory process of visioning, learning and experimenting. In its application, transition management seeks to bring together multiple viewpoints and multiple approaches in a 'transition arena'. Participants are invited to structure their shared problems with the current system and develop shared visions and goals which are then tested for practicality through the use of experimentation, learning and reflexivity. The model is often discussed in reference to sustainable development and the possible use of the model as a method for change. Key principles to transition management as a form of governance: * seeks to widen participation by taking a multi-actor approach in order to encompass societal values and beliefs * takes a long-term perspective (between 1-3 generations) creating a basket of visions in which short-term objectives can be identified * focuse ...
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Technological Revolution
A technological revolution is a period in which one or more technologies is replaced by another novel technology in a short amount of time. It is an era of accelerated technological progress characterized by new innovations whose rapid application and diffusion typically cause an abrupt change in society. Description A technological revolution generally increases productivity and efficiency. It may involve material or ideological changes caused by the introduction of a device or system. Some examples of its potential impact are business management, education, social interactions, finance and research methodology; it is not limited strictly to technical aspects. A technological revolution significantly changes the material conditions of human existence and can reshape culture. It can play a role as a trigger of a chain of various and unpredictable changes. What distinguishes a technological revolution from a random collection of technology systems and justifies conceptuali ...
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Technology Policy
There are several approaches to defining the substance and scope of technology policy. According to the American scientist and policy advisor Lewis M. Branscomb, technology policy concerns the "public means for nurturing those capabilities and optimizing their applications in the service of national goals and interests".Branscomb, L. M. (1995). Confessions of a Technophile. Springer Science & Business Media. Branscomb defines technology in this context as "the aggregation of capabilities, facilities, skills, knowledge, and organization required to successfully create a useful service or product". Other scholars differentiate between technology policy and science policy, suggesting that the former is about "the support, enhancement and development of technology", while the latter focuses on "the development of science and the training of scientists". Rigas Arvanitis, at the Institut de recherche pour le développement in France, suggests that "science and technology policy covers ...
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Technological Innovation System
The technological innovation system is a concept developed within the scientific field of innovation studies which serves to explain the nature and rate of technological change. A Technological Innovation System can be defined as ‘a dynamic network of agents interacting in a specific economic/industrial area under a particular institutional infrastructure and involved in the generation, diffusion, and utilization of technology’. The approach may be applied to at least three levels of analysis: to a technology in the sense of a knowledge field, to a product or an artefact, or to a set of related products and artifacts aimed at satisfying a particular (societal) function’. With respect to the latter, the approach has especially proven itself in explaining why and how sustainable (energy) technologies have developed and diffused into a society, or have failed to do so. Technology improves throughout the years, and so do we. Background The concept of a technological innovation ...
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Technological Change
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes.From ''The New Palgrave Dictionary otechnical change by S. Metcalfe.  •biased and biased technological change by Peter L. Rousseau.  •skill-biased technical change by Giovanni L. Violante. In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement process, continual improvement of technologies (in which they often become less expensive), and the diffusion of technologies throughout industry or society (which sometimes involves disruption and convergence). In short, technological change is based on both better and more technology. Modeling technological change In its earlier days, technological change was illustrated with the 'Linear Model of Inn ...
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Kondratiev Wave
In economics, Kondratiev waves (also called supercycles, great surges, long waves, K-waves or the long economic cycle) are hypothesized cycle-like phenomena in the modern world economy. The phenomenon is closely connected with the technology life cycle. It is stated that the period of a wave ranges from forty to sixty years, the cycles consist of alternating intervals of high sectoral growth and intervals of relatively slow growth.See, e.g. Long wave theory is not accepted by most academic economists. Among economists who accept it, there is a lack of agreement about both the cause of the waves and the start and end years of particular waves. Among critics of the theory, the consensus is that it involves recognizing patterns that may not exist (apophenia). History of concept The Soviet economist Nikolai Kondratiev (also written Kondratieff or Kondratyev) was the first to bring these observations to international attention in his book ''The Major Economic Cycles'' (1925) a ...
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Low-carbon Economy
A low-carbon economy (LCE) or decarbonised economy is an economy based on energy sources that produce low levels of greenhouse gas (GHG) emissions. GHG emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. Continued emission of greenhouse gases will cause long-lasting changes around the world, increasing the likelihood of severe, pervasive, and irreversible effects for people and ecosystems. Shifting to a low-carbon economy on a global scale could bring substantial benefits both for developed and developing countries. Many countries around the world are designing and implementing low-emission development strategies (LEDS). These strategies seek to achieve social, economic, and environmental development goals while reducing long-term greenhouse gas emissions and increasing resilience to the effects of climate change. Globally implemented low-carbon economies are therefore proposed as a precursor to the more advanced, zero-c ...
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Evolutionary Economics
Evolutionary economics is part of mainstream economics as well as a heterodox school of economic thought that is inspired by evolutionary biology. Much like mainstream economics, it stresses complex interdependencies, competition, growth, structural change, and resource constraints but differs in the approaches which are used to analyze these phenomena. Some scholars prefer to call their evolutionary theory by a different names. Samuel Bowles named it "evolutionary social science" and Joachim Rennstich called it "evolutionary systems theory". Evolutionary economics deals with the study of processes that transform economy for firms, institutions, industries, employment, production, trade and growth within, through the actions of diverse agents from experience and interactions, using evolutionary methodology. Evolutionary economics analyzes the unleashing of a process of technological and institutional innovation by generating and testing a diversity of ideas which discover and ...
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Giovanni Dosi
Giovanni Dosi is Professor of Economics and Director of the Institute of Economics at the Scuola Superiore Sant'Anna in Pisa. He is the Co-Director of the task forces “Industrial Policy” and “Intellectual Property” at the Initiative for Policy Dialogue at Columbia University. Dosi is Continental European Editor of ''Industrial and Corporate Change''. Included in ''ISI Highly Cited Researchers''. His major research areas, where he is author and editor of several works, include economics of innovation and technological change, industrial organization and industrial dynamics, theory of the firm and corporate governance, evolutionary theory, economic growth and development. A selection of his works has been published in two volumes: ''Innovation, Organization and Economic Dynamics. Selected Essays'', Cheltenham, Edward Elgar, 2000; and ''Economic Organization, Industrial Dynamics and Development: Selected Essays'', Cheltenham, Edward Elgar, 2012. Economic analysis Giovanni ...
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Thomas Kuhn
Thomas Samuel Kuhn (; July 18, 1922 – June 17, 1996) was an American philosopher of science whose 1962 book '' The Structure of Scientific Revolutions'' was influential in both academic and popular circles, introducing the term ''paradigm shift'', which has since become an English-language idiom. Kuhn made several claims concerning the progress of scientific knowledge: that scientific fields undergo periodic "paradigm shifts" rather than solely progressing in a linear and continuous way, and that these paradigm shifts open up new approaches to understanding what scientists would never have considered valid before; and that the notion of scientific truth, at any given moment, cannot be established solely by objective criteria but is defined by a consensus of a scientific community. Competing paradigms are frequently incommensurable; that is, they are competing and irreconcilable accounts of reality. Thus, our comprehension of science can never rely wholly upon "objectiv ...
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