The role of technological and sociopolitical win-sets on creative destruction from technological change: The case of MP3 and the entertainment industry
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The role of technological and sociopolitical win-sets on creative destruction from technological change. The case of MP3 and the entertainment industry.
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Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes.From [[The New Palgrave Dictionary of technical change" by S. Metcalfe. • "biased and biased technological change" by Peter L. Rousseau. • "skill-biased technical change" by Giovanni L. Violante.
The term "technological evolution" captures explanations of technological change that draw on mechanisms from evolutionary biology. Evolutionary biology has one of its roots in the book “On the origin of species” by Charles Darwin. In the style of this catchphrase, technological evolution might describe the origin of new technologies. The combinatoric theory of technological change states that every technology always consists of simpler technologies and a new technology is made of already existing technologies.
Technology is the application of knowledge for achieving practical goals in a reproducible way. The word technology can also mean the products resulting from such efforts, including both tangible tools such as utensils or machines, and intangible ones such as software. Technology plays a critical role in science, engineering, and everyday life. Technological advancements have led to significant changes in society.
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