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Explaining Technology Loot Price: R561
Discovery Miles 5 610
Explaining Technology: Roger Koppl, Roberto Cazzolla Gatti, Abigail Devereaux, Brian D. Fath, James Herriott, Wim Hordijk,...

Explaining Technology

Roger Koppl, Roberto Cazzolla Gatti, Abigail Devereaux, Brian D. Fath, James Herriott, Wim Hordijk, Stuart Kauffman, Robert E. Ulanowicz, Sergi Valverde

Series: Elements in Evolutionary Economics

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Loot Price R561 Discovery Miles 5 610

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A long tradition explains technological change as recombination. Within this tradition, this Element develops an innovative combinatorial model of technological change and tests it with 2,000 years of global GDP data and with data from US patents filed between 1835 and 2010. The model explains 1) the pace of technological change for a least the past two millennia, 2) patent citations and 3) the increasing complexity of tools over time. It shows that combining and modifying pre-existing goods to produce new goods generates the observed historical pattern of technological change. A long period of stasis was followed by sudden super-exponential growth in the number of goods. In this model, the sudden explosion of about 250 years ago is a combinatorial explosion that was a long time in coming, but inevitable once the process began at least two thousand years ago. This Element models the Industrial Revolution as a combinatorial explosion.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Series: Elements in Evolutionary Economics
Release date: August 2023
Authors: Roger Koppl • Roberto Cazzolla Gatti • Abigail Devereaux • Brian D. Fath • James Herriott • Wim Hordijk • Stuart Kauffman • Robert E. Ulanowicz • Sergi Valverde
Pages: 75
ISBN-13: 978-1-00-938625-8
Categories: Books
LSN: 1-00-938625-5
Barcode: 9781009386258

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