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On the nature of technologies: knowledge, procedures, artifacts and production inputs

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  • Giovanni Dosi
  • Marco Grazzi

Abstract

In the most general terms, a technology can be seen as a human-constructed means for achieving a particular end, such as the movement of goods and people, the transmission of information or the cure of a disease. These means most often entail procedures regarding how to achieve the ends concerned, particular bits of knowledge, artifacts and of course specific physical inputs necessary to yield the desired outcomes. In fact, the procedures and the underlying knowledge they draw upon, the physical and intangible inputs implicated, and the performance characteristics of outputs are different but complementary aspects of what technology is. These things are the object of this short essay. Copyright The Author 2009. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

Suggested Citation

  • Giovanni Dosi & Marco Grazzi, 2010. "On the nature of technologies: knowledge, procedures, artifacts and production inputs," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(1), pages 173-184, January.
    • Handle: RePEc:oup:cambje:v:34:y:2010:i:1:p:173-184
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    File URL: http://hdl.handle.net/10.1093/cje/bep041
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