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Complexity, Cost Reduction and Productivity Improvement through History

In English

Författare

Redaktör

  • Marianne Hörlesberger
  • Mohamed El-Nawawi
  • Tarek Khalil

Summary, in English

History shows us that in the cost/performance ratio of any given product has decreased continuously. This may wrongly have led us to the conclusion that improvements can continue infinitely at the current pace. Our proposition is that we trust a mental picture that is not consistent with the future level of potential improvements in technology and business, which in turn has repercussions for societal change. This article draws on the theory of Tainter (1988) and it argues that recent developments in business may reverse the previous development towards increasing complexity, but it may still increase the risk of an economic collapse.

Publiceringsår

2007

Språk

Engelska

Sidor

485-496

Publikation/Tidskrift/Serie

Challenges in the management of New Technologies

Volym

1

Dokumenttyp

Del av eller Kapitel i bok

Förlag

World Scientific Publishing

Ämne

  • Business Administration

Nyckelord

  • limits to growth
  • cost benefit

Status

Published

ISBN/ISSN/Övrigt

  • ISBN: 9812708553