The Development and Utilization of Technology in Industry (Classic Reprint) - Hardcover

William H. Gruber

9780656462506: The Development and Utilization of Technology in Industry (Classic Reprint)

Hardcover

ISBN 10: 0656462507 ISBN 13: 9780656462506

Publisher: Forgotten Books, 2018

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Excerpt from The Development and Utilization of Technology in Industry

A company may invest in r&d in order to develop new technology or may quickly accept new technology that becomes available not because it wants to. But because it has to. An example of the steel industry in the United States during the postwar period will demonstrate that invest ment in the development of new technology and in the acceptance of new technology that has been developed elsewhere, may result in the paradox of an industry which is developing and utilizing new technology more and enjoying it less.

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