The productivity paradox, chaotic systems, and dissipative enterprises

Author

Jenner, Richard A.

Author_Institution

San Francisco State Univ., CA, USA

fYear

1994

fDate

17-19 Oct 1994

Firstpage

280

Lastpage

290

Abstract

This paper explores the problem of “the productivity paradox,” in which some industries that experienced the highest rates of capital investment during the past decade encountered low growth rates. It uses interdisciplinary concepts from the fields of deterministic chaos, information theory and cybernetics to construct a model of a production system as a dynamic, self-organizing system, in which dynamic, “far from equilibrium” dissipative systems are fundamental instruments in productivity improvement

Keywords

commerce; economic cybernetics; economics; engineering; human resource management; investment; capital investment; chaotic systems; cybernetics; deterministic chaos; dissipative enterprises; dynamic dissipative systems; engineering management; far from equilibrium; growth rates; industries; information theory; model; production system; productivity improvement; productivity paradox; self-organizing system; Chaos; Chaotic communication; Control systems; Cybernetics; Entropy; Information theory; Investments; Production; Productivity; Uncertainty;

fLanguage

English

Publisher

ieee

Conference_Titel

Engineering Management Conference, 1994. 'Management in Transition: Engineering a Changing World', Proceedings of the 1994 IEEE International

Conference_Location

Dayton North, OH

Print_ISBN

0-7803-1955-9

Type

conf

DOI

10.1109/IEMC.1994.379918

Filename

379918