December 2012
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40,724 Reads
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31 Citations
Technology is considered as a key factor for economic development. Many authors in the field of technology management mention this impact on economic development as a motivator for their technology oriented study. What is this relationship between technology and economic development? In most studies, the relationship between technology and economy remains implicit. The purpose of this paper is to explore the relationship between technology and the economy. Four literature streams are discussed which each provide insight into this relationship. The paper contributes to the management of technology field by summarizing different views that relate to technology and economy.