POWERED BY THE DEVELOPMENTS IN NEW TECHNOLOGY APPLICATIONS, THE WORLD IS MOVING RAPIDLY TOWARDS KNOWLEDGE …

of human mind. In other words, knowledge on production, i.e., technology or productive knowledge provides the premises … and gives occasion to a dynamic and uninterrupted growth process, but technology itself is the product of mental labor …

Technology with Domestic Human Potential (Technical Infrastructure) & Economic Development is represented by Exogenous Circle …, EVEN THOUGH FOREIGN TO START WITH) 02. DOMESTIC HUMAN POTENTIAL TO MAN THE DOMESTIC TECHNOLOGY - ENDOGENOUS CIRCLE. (LATEST … TECHNOLOGY MODERATED TO SUIT LOCAL ENVIRONMENTS). 03. SYNCHRONISE EXOGENOUS AND ENDOGENOUS CIRCLES & OPTIMISE THEIR DIMENSIONS …

, to choose how to allocate technological inputs. A technology choices model is developed, where scarce scientific … resources are alternatively allocated to basic science activities and to applied technology uses. We find that saddle path … objective function, that is, for a second-order Taylor series approximation of a felicity function regarding technology …

The relations between the riches of nations and the riches of Productive Knowledge (Technology) gains increasing … Classical growth theory falls short of expectations. Capitalism’s inherent feature is “destructive creation”, said Marx. Decades … production, i.e., technology or productive knowledge, gives occasion to a dynamic and uninterrupted growth process, but …

workers. The paper shows technology has played the dominant role in changing employment patterns in Australia. The finding is …