Technology pathways

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Stanulović, J. (2019). Technology pathways: National investments in the global technology growth context, (163), 137-150. doi:10.5937/kultura1963137S
Details
Title

Technology pathways

Subtitle

National investments in the global technology growth context

Author

Jelena, Stanulović

Journal

Kultura

Volume
Issue

163

Start page

137

End page

150

ISSN

0023-5164

ISBN
DOI

10.5937/kultura1963137S

URL

http://scindeks.ceon.rs/article.aspx?query=ISSID%26and%2614634&page=0&so...

Date

2019-2021/07/05/09:31:37

Abstract

Conventional theory of economy claims that technology and technological development are key factors to economic growth, while economic growth is central to capitalism and institutions created on this ideology. In this paper, the importance of technological investments will be re-examined for both national and global economic growth, having in mind the notion that technological innovations depend on the institutions of the free market system. The growth of the national economy also depends on the employment rate. Therefore, the idea that technological progress might devalue human labour regardless of the level of education will also be discussed in this paper. Since technological innovations bring changes within the actual socioeconomic system, they also bring anxiety.

Keywords