The evolution of civilization appears to have primarily resulted from continuous improvement made possible by technological advances. A group of social evolutionists and economists have identified, among others, energy, transport, as well as information and communication to be the three most...

A miracle in medical procedure, organ transplantation, has taken place in recent decades due to the diffusion of a new technology. The new technology refers to a family of the so‐called immunosuppressive drugs. As a result, survival rates of major organ transplants have risen to a...

Many of the critical technologies in knowledge economy are undergoing an exponential rate of rapid improvement. The best known roadmap to guide exponential trend of improvement has been provided by Moore’s law. This paper will update the validity of Moore’s law by applying it to...

Does the innovation process in knowledge-based technologies differ from the same process in the industrial technologies? Are innovations in the knowledge economy gaining intensity and speed? Does the knowledge economy need a new theory of technology cycle?These are the three key issues examined...