Due to the recent drop in oil prices, there is a strong interest in the influence of the shale revolution on the global supply and demand of hydrocarbon fuels. Consequently, the attention of many economists and industry analysts is drawn to the technological, institutional and regulatory aspects...

It is critical that technology recipients have the prerequisite knowledge and scientific base to best exploit the information. This includes domestic private and public research laboratories and universities, in addition to a sound basis of technical skills and human capital. Each of these may...

Availability of real-time information facilitates efficient production coordination. Effective applications of RFID technology in the automated manufacturing environment can help optimize system. Information available on real time basis, increase the efficiency and effectiveness of any...

Radio Frequency Identification (RFID) technology is one of the latest trend in various industries which has changed the way automation is done. Data sharing on real time basis and without requirement of line of sight are the most important advantages of using this technology, as the...

Research on “modularity” has made an important contribution to the study of technical change and economic institutions. It demonstrates that progress in the division of labor in design (technical modularity) has created new opportunities for the organization of firms beyond vertical...

Over the past decade, the term bioeconomy has emerged in both policy and academic discourse. Implying a technology-driven approach to wealth generation from organic materials, the term has taken hold with so far limited critical engagement. It is a contestable rather than contested term. Noting...

Robotics technology and the increasing sophistication of artificial intelligence are breakthrough innovations with significant growth prospects and the potential to disrupt existing economic and social facets of everyday life. Few studies have analyzed the developments of robotics innovation....

In modern economies an increased utilisation of more and more advanced technologies as well as the more intensive use of physical and human capital can be observed. In this regard, the economic development of Taiwan is considered to be a complementary process of capital accumulation, innovation...

We develop a simple model of digital markets to analyze the impact of Covid-19 on the digital transformation of sectors. The lockdown due to Covid-19 is modeled as a shock that wipes out the physical market, temporarily leaving digital consumption as the only option. Under plausible assumptions...

Local beer breweries in Burkina Faso absorb a considerable amount of urban woodfuel demand. We assess the woodfuel savings caused by the adoption of improved brewing stoves by these, mostly female owned, small enterprises and estimate the implied welfare effects through the woodfuel market on...