TY - JOUR
T1 - Technological Inertia in Economic History
AU - Mokyr, Joel
PY - 1992
Y1 - 1992
N2 - Technological progress depends for its success on a conducive social environment. The resistance to innovation is identified as a central element governing the success of new inventions. Such resistance usually takes the form of non-market processes. It consists of vested interests, whose assets are jeopardized by new techniques, as well as by intellectuals who are opposed to new technology on principle. The role of resistance in the British and French economies during the Industrial Revolution is assessed.
AB - Technological progress depends for its success on a conducive social environment. The resistance to innovation is identified as a central element governing the success of new inventions. Such resistance usually takes the form of non-market processes. It consists of vested interests, whose assets are jeopardized by new techniques, as well as by intellectuals who are opposed to new technology on principle. The role of resistance in the British and French economies during the Industrial Revolution is assessed.
U2 - 10.1017/S0022050700010767
DO - 10.1017/S0022050700010767
M3 - Article
SN - 1471-6372
VL - 52
SP - 325
EP - 338
JO - The Journal of Economic History
JF - The Journal of Economic History
ER -