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Journal of Indian Institute of Management Bangalore

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Technological Change: Random shock or conscious choice?

R.Sai Prakash/Deepak K Sinha
Journal Name
Journal of High Technology Management Research
Journal Publication
others
Publication Year
2008
Strategy
Publication Date
Vol. 19, Issue No. 1, PP 1-10, 2008
Abstract

Two attempts to explain the phenomenon of business cycles – the former by Schumpeter and the latter by Kydland and Prescott, take polemic positions on role of human agency in bringing about technological change.

Technological Change: Random shock or conscious choice?

Author(s) Name: R.Sai Prakash/Deepak K Sinha
Journal Name: Journal of High Technology Management Research
Volume: Vol. 19, Issue No. 1, PP 1-10, 2008
Year of Publication: 2008
Abstract:

Two attempts to explain the phenomenon of business cycles – the former by Schumpeter and the latter by Kydland and Prescott, take polemic positions on role of human agency in bringing about technological change.