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Complexity, Cost Reduction And Productivity Improvement Through History

In: Challenges In The Management Of New Technologies

Author

Listed:
  • Mats Larsson

    (School of Economics and Management, Lund University, Sweden)

  • Carl-Henric Nilsson

    (Technology Management Centre, Lund University, Sweden)

Abstract

History shows us that in the cost/performance ratio of any given product has decreased continuously. This may wrongly have led us to the conclusion that improvements can continue infinitely at the current pace. Our proposition is that we trust a mental picture that is not consistent with the future level of potential improvements in technology and business, which in turn has repercussions for societal change.

Suggested Citation

  • Mats Larsson & Carl-Henric Nilsson, 2007. "Complexity, Cost Reduction And Productivity Improvement Through History," World Scientific Book Chapters, in: Marianne Hörlesberger & Mohamed El-Nawawi & Tarek Khalil (ed.), Challenges In The Management Of New Technologies, chapter 32, pages 485-496, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812770318_0032
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