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A prospective on macrocybernetic process management systems

Article Abstract:

Macrocybernetic constructs in process management systems work to address future problems of technological imbalances pertaining to human and technology capabilities. The construct has a wider perspective since it covers a wide array of ensembles of codeterminate processes and controls, structural disturbances and threat-directed considerations. It also uses the Markov-type model, corroborative and consultative expert systems base structures to anticipate threats of endogenous origin.

Author: Sutherland, John W.
Publisher: Elsevier B.V.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 1997
Forecasting, Management, Cybernetics, Business forecasting, Control systems, Process management (Computers), Process management (Business automation)

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An economic theory of technological products

Article Abstract:

A new economic theory about manufacturing profitability is derived. The new concept, which is based on neoclassical economics, represents a product's unit production cost in terms of its technological performance, production rate as well as capital investments in product design and production needs. Its unit sales price, however, is computed in terms of its technological performance, sales rate as well as advertising and marketing capital.

Author: Steele, Brett D.
Publisher: Elsevier B.V.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 1995
Manufacturing industry, Manufacturing industries, Evaluation, Economic aspects, Economic research

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The determinants of investment in new technology: an examination of alternative hypotheses

Article Abstract:

Firm size and potential market power have long been believed to induce innovative activity in various industries. However recent empirical studies revealed that micro-market pressures, such as the entry of new competitors in the market, are the main driving force behind many industries' decision to invest in new technology. These studies showed that firm size and potential market power have minimal impact on technology investment.

Author: Majumdar, Sumit K.
Publisher: Elsevier B.V.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 1995

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Subjects list: Research, Technological forecasting
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