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Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
In futures studies and the history of technology, accelerating change is the observed exponential nature of the rate of technological change in recent history, which may suggest faster and more profound change in the future and may or may not be accompanied by equally profound social and cultural change.
Transitions are a long-term process Complete system-change takes time and can be decades in the making. Case studies show them to be between 40 and 90 years. [33] Transitions are radical For a true transition to occur the technology has to be a radical innovation. Change is Non-linear The rate of change will vary over time. For example, the ...
The Third Industrial Revolution: the changes brought about by computing and communication technology, starting from around 1950 with the creation of the first general-purpose electronic computers. The Information Revolution: the economic, social and technological changes resulting from the Digital Revolution (after 1960) [citation needed].
Technology adoption is the most common phenomenon driving the evolution of industries along the industry life cycle. After expanding new uses of resources they end with exhausting the efficiency of those processes, producing gains that are first easier and larger over time then exhaustingly more difficult, as the technology matures.
The new technology itself can interact with other technologies to form a new technology again. As the process of combining existing technologies is repeated again and again, the network of technologies grows. A described mechanism of technological change has been termed, “combinatorial evolution”. [2]
Technological momentum is a theory about the relationship between technology and society over time. The term, which is considered a fourth technological determinism variant, [1] was originally developed by the historian of technology Thomas P. Hughes. The idea is that relationship between technology and society is reciprocal and time-dependent ...
The technology adoption lifecycle is a sociological model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological characteristics of defined adopter groups. The process of adoption over time is typically illustrated as a classical normal distribution or "bell curve".