Technology, Structural Change and Manufacturing Employment

Rothwell R (1980). Technology, Structural Change and Manufacturing Employment. IIASA Collaborative Paper. IIASA, Laxenburg, Austria: CP-80-037

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Abstract

This paper presents a revised version of Roy Rothwell's contribution to the IIASA Task Force Meeting on "Innovation and Industrial Strategy" in June 1980. It shows the heavy impact of technical change on employment both from the side of processes and products. Discussing the economic mechanisms of long waves the author mentions "...The fact that Menschs' inventions are rather more spread over time than his bunches of innovations, certainly suggests that other factors play a part in forcing their commercialization." Those factors are the self-reinforcing pressures of capital accumulation, which result in higher capital intensity and lower profitability until capital investment peaks out and begins to decline. Roy Rothwell comes to some conclusions for the policy to be applied. In his opinion governments, via market economies, might help to accelerate the formation of new industries through the process of innovative procurement in the public sector.

Item Type: Monograph (IIASA Collaborative Paper)
Research Programs: Management and Technology Area (MMT)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:48
Last Modified: 12 Nov 2016 07:24
URI: http://pure.iiasa.ac.at/1473

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