Technological paradigm
Encyclopedia
A concept of technological paradigm combines a set of interrelated and pervasive radical
innovations. For instance, when important technological innovations which are originally produced in a specific branch of the economy are constellated, pervasive effects on other economic system
sectors might occur and be prolonged for a period of time.
Radical
Radical, from Late Latin radicalis "of roots" and from Latin radix "root", may refer to:In chemistry:*A radical is an atom, molecule, or ion, that is likely to take part in chemical reactionsIn mathematics:...
innovations. For instance, when important technological innovations which are originally produced in a specific branch of the economy are constellated, pervasive effects on other economic system
Economic system
An economic system is the combination of the various agencies, entities that provide the economic structure that defines the social community. These agencies are joined by lines of trade and exchange along which goods, money etc. are continuously flowing. An example of such a system for a closed...
sectors might occur and be prolonged for a period of time.