"Technological change" is the study of an increase in the efficiency of a product or process that results in an increase in output, without an increase in input. In other words, someone invents or improves a product or process, which is then used to get a bigger reward for the same amount of work.
A few notable experts of "Technological change" include Michael Huesemann, Adam Jaffe, and Vernon Ruttan.
Invention, Diffusion, and Economics are a few themes of "Technological change".
People study "Technological change" in order to better understand how it improves efficiency while also displacing workers.
Scholars who research "Technology" look at Technology is the collection of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of...
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