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Complexity, Cost Reduction and Productivity Improvement through History

Författare:
Redaktör:
  • Marianne Hörlesberger
  • Mohamed El-Nawawi
  • Tarek Khalil
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

Sammanfattning

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.

Disputation

Nyckelord

  • Business and Economics
  • limits to growth
  • cost benefit

Övriga

Unpublished
  • ISBN: 9812708553

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