Title :
R&D as a technology engine
Author :
Fernandes, António S C
Author_Institution :
UTL, Inst. Superior Tecnico, Lisboa, Portugal
Abstract :
An economic model that takes knowledge, technology and capital, as prime production factors is used to interpret the importance of technology. The model defines technology and its value, discriminating from capital thus identifying R & D as the major technology production process. It also suggests that there is a default tendency, in every firm, to technology impoverishment and capital affluence.
Keywords :
economics; knowledge management; production; research and development management; technology management; R&D; capital affluence; default tendency; economic model; knowledge; production factors; technology impoverishment; technology production process; Educational institutions; Engines; History; Modems; Power generation economics; Production; Research and development; Sociology; Supply chains; Testing;
Conference_Titel :
Engineering Management Conference, 2002. IEMC '02. 2002 IEEE International
Print_ISBN :
0-7803-7385-5
DOI :
10.1109/IEMC.2002.1038494
