Technological Revolution
A technological revolution is a period in which one or more technologies is replaced by another new technology in a short amount of time. It is a time of accelerated technological progress characterized by innovations whose rapid application and diffusion typically cause an abrupt change in society. Description A technological revolution may involve material or ideological changes caused by the introduction of a device or system. It may potentially impact business management, education, social interactions, finance and research methodology, and is not limited to technical aspects. It has been shown to increase productivity and efficiency. A technological revolution often significantly changes the material conditions of human existence and has been seen to reshape culture. A technological revolution can be distinguished from a random collection of technology systems by two features: 1. A strong interconnectedness and interdependence of the participating systems in their tec ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Axe Of Iron From Swedish Iron Age, Found At Gotland, Sweden
An axe (; sometimes spelled ax in American English; see spelling differences) is an implement that has been used for thousands of years to shape, split, and cut wood, to harvest timber, and as a weapon. The axe has many forms and specialised uses but generally consists of a head with a handle (also called "haft" or "helve"). Before the modern axe, the stone-age hand axe without a handle was used from 1.5 million years BP. Hafted axes (those with a handle) date only from 6,000 BC. The earliest examples of handled axes have heads of stone with some form of wooden handle attached ( hafted) in a method to suit the available materials and use. Axes made of copper, bronze, iron and steel appeared as these technologies developed. The axe is an example of a simple machine, as it is a type of wedge, or dual inclined plane. This reduces the effort needed by the wood chopper. It splits the wood into two parts by the pressure concentration at the blade. The handle of the axe also ac ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Creative Destruction
Creative destruction (German: ''schöpferische Zerstörung'') is a concept in economics that describes a process in which new innovations replace and make obsolete older innovations. The concept is usually identified with the economist Joseph Schumpeter, who derived it from the work of Karl Marx and popularized it as a theory of Innovation economics, economic innovation and the business cycle. It is also sometimes known as Schumpeter's gale. In Marxian economic theory, the concept refers more broadly to the linked processes of the accumulation and annihilation of wealth under capitalism. The German sociologist Werner Sombart has been credited with the first use of these terms in his work ''Krieg und Kapitalismus'' (''War and Capitalism'', 1913).Describing the way in which the destruction of forests in Europe laid the foundations for nineteenth-century capitalism, Sombart writes: "Wiederum aber steigt aus der Zerstörung neuer schöpferischer Geist empor" ("Again, however, fro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Digital Revolution
The Information Age is a History by period, historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947. This technological advance has had a significant impact on the way information is processed and transmitted. According to the United Nations Public Administration Network, the Information Age was formed by capitalizing on Miniaturization, computer miniaturization advances, which led to Modernization theory, modernized information systems and internet communications as the driving force of Sociocultural evolution, social evolution. There is ongoing debate concerning whether the Third Industrial Revolution has already ended, and if the Fourth Industrial Revolution has already begun due to the recent breakthroughs in areas such ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Information Revolution
The Information Age is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947. This technological advance has had a significant impact on the way information is processed and transmitted. According to the United Nations Public Administration Network, the Information Age was formed by capitalizing on computer miniaturization advances, which led to modernized information systems and internet communications as the driving force of social evolution. There is ongoing debate concerning whether the Third Industrial Revolution has already ended, and if the Fourth Industrial Revolution has already begun due to the recent breakthroughs in areas such as artificial intelligence and biotechnology. This next transition has been th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Industrial Revolution
The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution. Beginning in Kingdom of Great Britain, Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840. This transition included going from craft production, hand production methods to machines; new Chemical industry, chemical manufacturing and Puddling (metallurgy), iron production processes; the increasing use of Hydropower, water power and Steam engine, steam power; the development of machine tools; and rise of the mechanisation, mechanised factory system. Output greatly increased, and the result was an unprecedented rise in population and population growth. The textile industry was the first to use modern production methods, and textiles b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Neolithic Revolution
The Neolithic Revolution, also known as the First Agricultural Revolution, was the wide-scale transition of many human cultures during the Neolithic period in Afro-Eurasia from a lifestyle of hunter-gatherer, hunting and gathering to one of agriculture and sedentism, settlement, making an increasingly large population possible. These settled communities permitted humans to observe and experiment with plants, learning how they grew and developed. This new knowledge led to the domestication of plants into crops. Archaeological data indicate that the domestication of various types of plants and animals happened in separate locations worldwide, starting in the Geologic time scale, geological epoch of the Holocene 11,700 years ago, after the end of the last Ice Age. It was humankind's first historically verifiable transition to agriculture. The Neolithic Revolution greatly narrowed the diversity of foods available, resulting in a decrease in the quality of human nutrition compared ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tessaleno Devezas
Tessaleno Campos Devezas (born 4 December 1946 in Rio de Janeiro) is a Brazilian-born Portuguese physicist, systems theorist, and materials scientist. He is best known for his contributions to the long waves theory in socioeconomic development, technological evolution, energy systems as well as world system analysis. Awards In March 2002, Devezas was honored with the "Elsevier Best Paper Prize 2001" for his paper proposing a model explaining the mechanism underlying the long economic waves (Kondratieff waves) and, in 2006, another of his papers (about the growth dynamics of the Internet) received an Honor Mention from Elsevier. In 2004, he was awarded with the Silver Kondratieff Medal by the International N. D. Kondratieff Foundation and the Russian Academy of Natural Sciences (RAEN) for his written contributions for the understanding of the Kondratieff waves, and, in 2005, he was honored as Honorary Member of the International Kondratieff Foundation. Selected papers on socioeco ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carlota Perez
Carlota Perez (; born September 20, 1939, in Caracas) is a British-Venezuelan scholar specialized in technology and socio-economic development. She researches the concept of Techno-Economic Paradigm Shifts and the theory of great surges, a further development of Schumpeter's work on Kondratieff waves. In 2012 she was awarded the Silver Kondratieff Medal by the International N. D. Kondratieff Foundation and in 2021 she was awarded an Honorary Doctorate by Utrecht University. Career Perez is currently Honorary Professor at the Institute for Innovation and Public Purpose (IIPP) at University College London; Honorary Professor at SPRU, University of Sussex; and Adjunct Professor of Technology and Socio-Economic Development at Tallinn University of Technology (TalTEch), Tallinn, Estonia. She is also the Academic-in-Residence at Anthemis UK. From 2013 to 2016 she was Centennial Professor at the London School of Economics. Prior to that she was affiliated to CERF (Cambridge Endowment ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Neo-Schumpeterian Economics
Neo-Schumpeterian economics is a school of thought that places technological innovation at the core of economic growth and transformation processes. It is inspired by the work of Joseph Schumpeter who coined the term creative destruction for the continuous introduction of technological change that drives growth by replacing old, less productive structures with new, more productive ones. Where Schumpeter explained the innovation drive by an exogenous factor called entrepreneurial spirits, neo-Schumpeterian economists refer to endogenous factors such as science and technology policies and corporate strategies of research and development to explain innovation. Neo-Schumpeterian economics is a form of evolutionary economics and closely related to innovation studies. History In the aftermath of World War II, policymakers became increasingly convinced of the importance of science and technology policy. Quantitative research into the relation between economic growth and science and te ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Renaissance Technology
Renaissance technology was the set of European artifacts and inventions which spread through the Renaissance period, roughly the 14th century through the 16th century. The era is marked by profound technical advancements such as the printing press, linear perspective in drawing, patent law, double shell domes and bastion fortresses. Sketchbooks from artisans of the period ( Taccola and Leonardo da Vinci, for example) give a deep insight into the mechanical technology then known and applied. Renaissance science spawned the Scientific Revolution; science and technology began a cycle of mutual advancement. Renaissance technology Some important Renaissance technologies, including both innovations and improvements on existing techniques: *mining and metallurgy *blast furnace enabled iron to be produced in significant quantities *finery forge enabled pig iron (from the blast furnace) into bar iron (wrought iron) *slitting mill mechanized the production of iron rods for nailmakin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Second Industrial Revolution
The Second Industrial Revolution, also known as the Technological Revolution, was a phase of rapid Discovery (observation), scientific discovery, standardisation, mass production and industrialisation from the late 19th century into the early 20th century. The Industrial Revolution, First Industrial Revolution, which ended in the middle of the 19th century, was punctuated by a slowdown in important inventions before the Second Industrial Revolution in 1870. Though a number of its events can be traced to earlier innovations in manufacturing, such as the establishment of a machine tool industry, the development of methods for manufacturing interchangeable parts, as well as the invention of the Bessemer process and open hearth furnace to produce steel, later developments heralded the Second Industrial Revolution, which is generally dated between 1870 and 1914 when World War I commenced. Advancements in manufacturing and production technology enabled the widespread adoption of te ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Commercial Revolution
In European history, the commercial revolution saw the development of a European economy – based on trade – which began in the 11th century AD and operated until the advent of the Industrial Revolution in the mid-18th century. Beginning with the Crusades, Europeans rediscovered spices, silks, and other commodities then rare in Europe. Consumer demand fostered more trade, and trade expanded in the second half of the Middle Ages (roughly 1000 to 1500 AD). Newly forming European states, through voyages of discovery, investigated alternative trade routes in the 15th and 16th centuries, which allowed European powers to build vast, new international trade networks. Nations also sought new sources of wealth and practiced mercantilism and colonialism. The Commercial Revolution is marked by an increase in general commerce, and in the growth of financial services such as banking, insurance, and investing. Origins of the commercial revolution The term itself was used by Karl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |