2020
DOI: 10.1002/hbe2.211
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Technology and economic behavior: A theoretical framework

Abstract: This article outlines a theoretical framework that facilitates the analysis of the relationship between technology and economic behavior. I discuss some important channels and processes through which technology can positively impact economic activities. I then discuss areas where technological change may negatively impact the society. Finally, I show how economic incentives and government policy can affect the pace of technological progress.

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Cited by 5 publications
(3 citation statements)
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References 23 publications
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“…According to a survey of the literature, as indicated in Table 1, a key challenge in the management of the water supply company is ethics, with social and legal difficulties inextricably linked to ethical issues. In their widely acclaimed work, Zhao [33] discussed technological and social network improvements can boost economic activity. Additionally, because new technology has such a significant impact on society, it is critical to have a robust governance system in place to regulate it.…”
Section: Stakeholdersmentioning
confidence: 99%
“…According to a survey of the literature, as indicated in Table 1, a key challenge in the management of the water supply company is ethics, with social and legal difficulties inextricably linked to ethical issues. In their widely acclaimed work, Zhao [33] discussed technological and social network improvements can boost economic activity. Additionally, because new technology has such a significant impact on society, it is critical to have a robust governance system in place to regulate it.…”
Section: Stakeholdersmentioning
confidence: 99%
“…Meanwhile, the IT resources represent the technologies (software/hardware) together with the IT human resource competencies [50]. Meanwhile, the factor of perceived usefulness or relative advantages is used as the antecedent to user acceptance of e-technology ( [35]; [59]; [83]). The expected benefits of e-business adoption to the company are referred to as relative advantages [58].…”
Section: E-business Factors Referencementioning
confidence: 99%
“…The penetration rate of the mobile payment method, i.e., electronic wallet (E-wallet), further boosts during the COVID-19 pandemic [3], and this has been evident in Malaysia in recent years [4]. The adoption of mobile payment, such as E-wallets, contributes to the digital economy growth in both developed and developing countries [1,5], including Malaysia [6].…”
Section: Introductionmentioning
confidence: 99%