Industrial Location and Globalization of Enterprise Seminars Film in class on April 7: Global Assembly Line

On exam! Review Questions Technology: Engine of Change?

Defining technology Technology change Space-shrinking technologies

Transportation Product Life Cycle

Seminars ScheduleFriio, Platt&Ziebart

Textiles 15 March

Newman Meatpacking 17 March

Boylan and Stupple

Automobile 22 March

Evans & Thomas

Semiconductor 24 March

Gilbride & Hagen

Financial Svcs 29 March

Han & Soup Distribution 31 March

Easter

Seminars 30 minute seminar – no interruption

Power point/or overheads Content will be guided by text or readings + new

material Innovatively structured

30 minutes - innovative activity 15 minutes wind down and discussion

Defining Technology

Technology literal definition: the study of skill or craft Technology broad definition:

Physical objects or artifacts (any physical object fashioned by a human), activities or processes (e.g. steelmaking) and the applied knowledge or know-how that creates utility

Technology narrow definition: Application of science to economic objectives

Technology unfortunate definition: Electronic or digital products and systems considered as a

group – “do you use technology in the classroom?” Technological change - usually relates to the broad

definition!

Technological Determinism? What keeps the capitalist engine in motion…

(Joseph Schumpeter)

Great growling engine of change (Alvin Toffler) Environmental determinism

environment causes, dominates even determines pattern of human life and human behaviour, that people are conditioned by environmental factors

Technological determinism technological change is inevitable and the sole influence on

the economic landscape and economic organization, or that technological change is linear or sequential

Typology of Technological Change - An Evolutionary Perspective Incremental innovations - small scale, progressive

Radical innovations - discontinuous events, transistor and semi-conductors (Vacuum tubes)

Changes of technology system - whole tech systems, information tech, biotech, space tech together with organizational and managerial innovations

Change in techno-economic paradigm- overarching logic for tech. systems with impacts on economy/society

Chris Freeman

Kondratief/Kondratiev Waves (1920s) K-waves: about 50 years correspond to change in techno-economic paradigm prosperity, recession, depression and recovery each wave has leading regions/countries

Carrier Wave

Not an isolated breakthrough but leads to connected series of innovations

Moves beyond original industry through backward and forward innovations between industries

Product becomes attractive to consumers and captures the public imagination, impacting consumer culture

Carrier Wave II Steam engine

mining, transport, factory production, agriculture

Sewing machine refined and improved shifts from factory to

household

Thomas Crapper’s flushing toilet changes in house design, sewer networks,

sewage treatment

Tech Change in Air Travel

Passenger Transportation

Commercial aircraft Speed Range Cost Passenger volumes

EU Air Passenger Transport

LAX Total Air Passengers (#5 in world)1993 47,844,794

1994 51,050,275

1995 53,909,223

1996 57,974,559

1997 60,142,588

1998 61,215,712

1999 64,279,571

2000 67,303,182

2001 61,606,204

2002 56,223,843

2003 54,982,838

What is a TEU?