Posts tagged Productivity
Productivity Dynamics: Decision Criteria for New Technology Investment

This article considers the appropriate decision framework for corporate capital investment projects when the technologies are new to the company or new to the world. I use an overview of the known drivers of capital investment and an exploration of the significant differences in motivation and framework between ordinary capital investment and new technology investment to form a decision-making flow chart for both capital investment and new technology investment.

Read More
Productivity Dynamics in U.S. Manufacturing: An Industry-Based Analysis

Productivity growth in the computer and electronic products subsector, once the principal driver of productivity performance in the manufacturing sector, has experienced significant waning in recent years. Consequently, the U.S. manufacturing productivity outlook has become murky. This is a challenging trend for our society, because increased productivity growth helps lift living standards.

Read More