In an earlier paper (Tien 2012), the author augurs that, in contrast to the first and second industrial revolutions which respectively focused on the development and the mass production of goods, the next - or third...In an earlier paper (Tien 2012), the author augurs that, in contrast to the first and second industrial revolutions which respectively focused on the development and the mass production of goods, the next - or third - industrial revolution is focused on the integration of services and/or goods; it began in this second decade of the 21st Century. The Third Industrial Revolution (TIR) is underpinned by the integration or mass customization of services and/or goods. The benefits of real-time mass customization cannot be over-stated as goods and services become indistinguishable and are co-produced as "ServGoods", resulting in an overwhelming economic advantage to the industrialized countries where the consuming customers are at the same time the co-producing producers. Adding sensors to these ServGoods and letting them connect or communicate among themselves or with other ServGoods can result in an Intemet of Things (i.e., connected ServGoods). A number of considerations, consequences and concerns relating to such an Intemet of Connected ServGoods are discussed herein.展开更多
The paper aims to analyze the relationship between economic growth and increasing agricultural productivity at macroeconomic level, relationship that determines a decrease of poverty. Data sets are analyzed using econ...The paper aims to analyze the relationship between economic growth and increasing agricultural productivity at macroeconomic level, relationship that determines a decrease of poverty. Data sets are analyzed using econometric methods in order to test the cointegration relationships. The results of the data show that, in Romania’s case, the added value of agriculture has no significant impact on the evolution of the country’s GDP, so also the impact on raising the standard of living is marginal. To increase productivity and profitability of agriculture requires a complex approach: a financial system to support development of the sector by providing specific financial products and services, the reorganization/retechnologization of farms, encouraging young people to invest in agriculture, ownership structure of agricultural land.展开更多
文摘In an earlier paper (Tien 2012), the author augurs that, in contrast to the first and second industrial revolutions which respectively focused on the development and the mass production of goods, the next - or third - industrial revolution is focused on the integration of services and/or goods; it began in this second decade of the 21st Century. The Third Industrial Revolution (TIR) is underpinned by the integration or mass customization of services and/or goods. The benefits of real-time mass customization cannot be over-stated as goods and services become indistinguishable and are co-produced as "ServGoods", resulting in an overwhelming economic advantage to the industrialized countries where the consuming customers are at the same time the co-producing producers. Adding sensors to these ServGoods and letting them connect or communicate among themselves or with other ServGoods can result in an Intemet of Things (i.e., connected ServGoods). A number of considerations, consequences and concerns relating to such an Intemet of Connected ServGoods are discussed herein.
文摘The paper aims to analyze the relationship between economic growth and increasing agricultural productivity at macroeconomic level, relationship that determines a decrease of poverty. Data sets are analyzed using econometric methods in order to test the cointegration relationships. The results of the data show that, in Romania’s case, the added value of agriculture has no significant impact on the evolution of the country’s GDP, so also the impact on raising the standard of living is marginal. To increase productivity and profitability of agriculture requires a complex approach: a financial system to support development of the sector by providing specific financial products and services, the reorganization/retechnologization of farms, encouraging young people to invest in agriculture, ownership structure of agricultural land.