Technological change (TC) is a term that is used to describe the overall process of invention, innovation and diffusion of technology or processes. The term is synonymous with technological development, technological achievement, and technological progress. In essence TC is the invention of a technology (or a process), the continuous process of improving a technology (in which it often becomes cheaper) and its diffusion throughout industry or society. In short, technological change is based on both better and more technology.
History of technology |
---|
By technological eras |
|
By historical regions |
|
By type of technology |
|
Technology timelines |
|
Outlines |
|
Read more about Technological Change: Modelling Technological Change, Technological Change As A Social Process, Economics
Famous quotes related to technological change:
“Technological change defines the horizon of our material world as it shapes the limiting conditions of what is possible and what is barely imaginable. It erodes ... assumptions about the nature of our reality, the pattern in which we dwell, and lays open new choices.”
—Shoshana Zuboff (b. 1951)