How Automation is Enhancing Manufacturing Processes
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The first is the fact that many of the manufacturing results of a technology depend on the extent to which it has been physically “embodied†in capital goods (see Salter 1960; Green 1966). Similarly, the second growth stresses the importance of human capital, within the sense of the technologically related data and capacities actually “embodied†in a society’s population Technology news . So far, studies of these linkages between technology and assets have been involved solely with their over-all economic significance and thus have used extremely aggregated economic data. It is obvious that points concerning technology-output relations have had an essential quantitative in addition to a qualitative aspect.
