DIGITAL TECHNOLOGY – THE 4TH INDUSTRIAL REVOLUTION & BEYOND

The Third Industrial Revolution: Technology, Productivity, and Income Inequality

by Jeremy Greenwood Jeremy Greenwood is a professor of economics at the University of Rochester. Thanks go to Marvin Kosters for his helpful comments. This article is based on “1974,” a paper written in collaboration with Mehmet Yorukoglu, who played a vital role in pursuing this line of research. This article was also published as a monograph, under the title used here, by the American Enterpr...

Knowledge, Technology, and Economic Growth During the Industrial Revolution

and an anonymous referee for helpful comments and to Steve Nafziger for research assistance. 1 " It is clear from the preceding that every " art " [technique] has its speculative and its practical side. Its speculation is the theoretical knowledge of the principles of the technique; its practice is but the habitual and instinctive application of these principles. It is difficult if not impossib...

The New Industrial Revolution

The New Industrial Revolution

This article outlines a new framework for understanding the current period of global restructuring, focusing on the relationship between technological change and organizational change. After reviewing the major approaches in the debate over future pathways to industrialization, a new perspective for understanding the ‘new industrial revolution’ is presented. At the core of this revolution is th...

The British Industrial Revolution