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The Contribution of Technology to Added Value
Paperback
Business GeneralTechnology & Engineering
ISBN13: 9781447158639
Publisher: Springer
Published: Apr 12 2015
Pages: 104
Weight: 0.38
Height: 0.24 Width: 6.14 Depth: 9.21
Language: English
There is a wide consensus that introduction of technology to the production process contributes to an overall economic value, however, confusion between technology, knowledge and capital often makes value calculations ambiguous and non-objective. The Contribution of Technology to Added Value addresses not only this issue of definition but also provides a production model to assess the value contribution of technology within the production process.
A clarification of fundamental semantics provides a significant taxonomy for technology dependence, and allows understanding and modeling of how knowledge, technology and capital individually contribute to production and to value adding. A new technology dependence taxonomy is proposed and assessed following chapters explaining growth models, the KTC model and technology index values.
Balancing theoretical knowledge with real-world data and applications The Contribution of Technology to Added Value clarifies the issue of value adding for a range of different viewpoints and purposes; from academic to industry and service across engineering, economics and management.
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