Sentence examples for purpose technology from inspiring English sources
IT has had a broad-based and pervasive effect through its role as a general purpose technology (GPT) that fosters complementary innovations, such as business reorganization.
But IT is what economists call a "general purpose technology", which means that it can be applied and used to boost productivity across many sectors.
Given that the internet is a pretty big and broad general purpose technology that affects every aspect of our societies and economies... Purvi Parekh, partner, Olswang From a legal perspective security is one of the big issues.
The first thing to understand about ICT is that it is a general purpose technology, like electricity, with the ability to dramatically change business models and boost productivity across many different sectors.
Think, for example, about the semiconductor, a general purpose technology, which went from an invention developed in the supply chain by Intel to being in almost every consumer technology imaginable.
The researchers developed a model to account for the presence of unmeasured intangible investments in a firm, which can signal the benefits of an emerging general purpose technology that don't show up in other metrics.
New general purpose technologies (GPTs) rejuvenate the growth process by creating technological complementarities, which are adequately measured neither by total factor productivity (TFP) nor by externalities.
Humanity's earliest, truly transformative general purpose technologies were the ability to cross-fertilise plants and cross-breed animals.
The contributors to this volume are concerned with the type of drastic innovation called general purpose technologies (GPTs).
It is the great general purpose technologies (GPTs) – the steam engine, the aeroplane and the computer – that transformed our lives and economies.
Leveraging the distinctive features of general purpose technologies, ICT have the potential to steer green growth and to help decouple this growth from ecological damage.
