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  • Fashion and Environmental Sustainability : Entrepreneurship, Innovation and Technology
    Fashion and Environmental Sustainability : Entrepreneurship, Innovation and Technology

    The wide range of topics that the book covers are organised into sections reflecting a cradle to grave view of how entrepreneurial, innovative, and tech-savvy approaches can advance environmental sustainability in the fashion sector.These sections include: sustainable materials; innovation in design, range planning and product development; sustainable innovations in fashion supply chains; sustainable innovations in fashion retail and marketing; sustainable alternatives for end-of-life and circular economy initiatives; and more sustainable alternative fashion business models.

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  • Innovation in Energy Security and Long-Term Energy Efficiency
    Innovation in Energy Security and Long-Term Energy Efficiency

    The sustainable development of our planet depends on the use of energy. The growing population of the world inevitably causes an increase in the demand for energy, which, on the one hand, threatens the potential for shortages of energy supply, and, on the other hand, causes the deterioration of the environment.Therefore, our task is to reduce this demand through different innovative solutions (i.e., both technological and social). Social marketing and economic policies can also play a role in affecting the behavior of households and companies, by causing behavioral change oriented to energy stewardship, and an overall switch to renewable energy resources. This book provides a platform for the exchange of a wide range of ideas, which, ultimately, would facilitate the driving of societies to long-term energy efficiency.

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  • Dynamic Efficiency and Productivity Measurement
    Dynamic Efficiency and Productivity Measurement

    A systematic treatment of dynamic decision making and performance measurementModern business environments are dynamic.Yet, the models used to make decisions and quantify success within them are stuck in the past.In a world where demands, resources, and technology are interconnected and evolving, measures of efficiency need to reflect that environment. In Dynamic Efficiency and Productivity Measurement, Elvira Silva, Spiro E.Stefanou, and Alfons Oude Lansink look at the business process from a dynamic perspective.Their systematic study covers dynamic production environments where current production decisions impact future production possibilities.By considering practical factors like adjustments over time, this book offers an important lens for contemporary microeconomic analysis.Silva, Stefanou, and Lansink develop the analytical foundations of dynamic production technology in both primal and dual representations, with an emphasis on directional distance functions.They cover concepts measuring the production structure (economies of scale, economies of scope, capacity utilization) and performance (allocative, scale and technical inefficiency, productivity) in a methodological and comprehensive way. Through a unified approach, Dynamic Efficiency and Productivity Measurement offers a guide to how firms maximize potential in changing environments and an invaluable contribution to applied microeconomics.

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  • Productivity Machines : German Appropriations of American Technology from Mass Production to Computer Automation
    Productivity Machines : German Appropriations of American Technology from Mass Production to Computer Automation

    How productivity culture and technology became emblematic of the American economic system in pre- and postwar Germany. The concept of productivity originated in a statistical measure of output per worker or per work-hour, calculated by the US Bureau of Labor Statistics.A broader productivity culture emerged in 1920s America, as Henry Ford and others linked methods of mass production and consumption to high wages and low prices.These ideas were studied eagerly by a Germany in search of economic recovery after World War I, and, decades later, the Marshall Plan promoted productivity in its efforts to help post-World War II Europe rebuild.In Productivity Machines, Corinna Schlombs examines the transatlantic history of productivity technology and culture in the two decades before and after World War II.She argues for the interpretive flexibility of productivity: different groups viewed productivity differently at different times.Although it began as an objective measure, productivity came to be emblematic of the American economic system; post-World War II West Germany, however, adapted these ideas to its own political and economic values.Schlombs explains that West German unionists cast a doubtful eye on productivity's embrace of plant-level collective bargaining; unions fought for codetermination-the right to participate in corporate decisions.After describing German responses to US productivity, Schlombs offers an in-depth look at labor relations in one American company in Germany-that icon of corporate America, IBM.Finally, Schlombs considers the emergence of computer technology-seen by some as a new symbol of productivity but by others as the means to automate workers out of their jobs.

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  • What are power and efficiency?

    Power is the rate at which work is done or energy is transferred, and it is measured in watts. It represents the ability to exert force or to perform work. Efficiency, on the other hand, is a measure of how well a system or process uses energy or resources to accomplish a task. It is the ratio of useful output to total input, and it indicates how effectively energy is being converted into useful work. In summary, power is the capacity to do work, while efficiency is the measure of how well that work is being done.

  • Can economic efficiency and productivity develop mutually?

    Yes, economic efficiency and productivity can develop mutually. When businesses and industries become more efficient in their operations, they can produce more output with the same amount of input, leading to increased productivity. Similarly, when productivity increases, it can drive economic efficiency by reducing waste and improving resource allocation. Therefore, as businesses and industries focus on improving efficiency and productivity, they can reinforce and support each other's development.

  • How do you calculate power and efficiency?

    Power is calculated by dividing the work done by the time it takes to do that work, or by multiplying force by velocity. Efficiency is calculated by dividing the useful output of energy or work by the total input of energy or work. In other words, efficiency is the ratio of output to input. Both power and efficiency are important measures in determining the effectiveness and performance of a system or machine.

  • What is the difference between efficiency and productivity?

    Efficiency refers to how well resources are utilized to achieve a specific goal or output, while productivity measures the output or results generated from a specific amount of input or resources. Efficiency focuses on minimizing waste and maximizing output with the resources available, while productivity is a measure of how much output is produced relative to the input used. In essence, efficiency is about doing things right, while productivity is about doing the right things.

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  • The Technology Trap : Capital, Labor, and Power in the Age of Automation
    The Technology Trap : Capital, Labor, and Power in the Age of Automation

    "Made me look at the industrial revolution, invention, sleeping beauties, contexts and the forces that shape our societies differently."—David Byrne, New York Times Book ReviewHow the history of technological revolutions can help us better understand economic and political polarization in the age of automation From the Industrial Revolution to the age of artificial intelligence, The Technology Trap takes a sweeping look at the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members.As Carl Benedikt Frey shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population.Middle-income jobs withered, wages stagnated, the labor share of income fell, profits surged, and economic inequality skyrocketed.These trends, Frey documents, broadly mirror those in our current age of automation, which began with the Computer Revolution. Just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same.But Frey argues that this depends on how the short term is managed.In the nineteenth century, workers violently expressed their concerns over machines taking their jobs.The Luddite uprisings joined a long wave of machinery riots that swept across Europe and China.Today’s despairing middle class has not resorted to physical force, but their frustration has led to rising populism and the increasing fragmentation of society.As middle-class jobs continue to come under pressure, there’s no assurance that positive attitudes to technology will persist. The Industrial Revolution was a defining moment in history, but few grasped its enormous consequences at the time.The Technology Trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present.

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  • The Technology Trap : Capital, Labor, and Power in the Age of Automation
    The Technology Trap : Capital, Labor, and Power in the Age of Automation

    "Made me look at the industrial revolution, invention, sleeping beauties, contexts and the forces that shape our societies differently."—David Byrne, New York Times Book ReviewHow the history of technological revolutions can help us better understand economic and political polarization in the age of automation The Technology Trap is a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society’s members.As Carl Benedikt Frey shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating.Middle-income jobs withered, wages stagnated, the labor share of income fell, profits surged, and economic inequality skyrocketed.These trends broadly mirror those in our current age of automation.But, just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same.The Technology Trap demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present.

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  • Innovation, Social Responsibility and Sustainability
    Innovation, Social Responsibility and Sustainability

    While global challenges such as a future pandemics and global warming seem insurmountable, innovation and cumulative small changes can help towards managing such disruptive events.Innovation can encompass a new way of doing things, new products and services, and new solutions; in organizations where innovation can flourish, progress and resilience can be achieved. This edited collection draws together a number of chapters, organized into two parts – developing social responsibility and developing sustainability – both of which are interlinked and interdependent.Topics presented range from: mandatory CSR in the banking industry to the professional integration of displaced persons to knowledge for and about sustainability, and many more.The diversity of the chapters gift readers an interdisciplinary examination of innovation, social responsibility and sustainability. Developments in Corporate Governance and Responsibility offers the latest research on topical issues by international experts and has practical relevance to business managers.

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    Creating Stellar Lessons with Digital Tools : From Integration to Innovation in Technology-Enhanced Teaching

    Creating Stellar Lessons with Digital Tools prepares teachers in training and in-service teachers to use technologies for design and development activities with middle and high school students.While software, open resources, handheld devices, and other tools hold great potential to enhance learning experiences, teachers themselves must model technology use in ways that inspire students to become producers and leaders rather than consumers and followers.Featuring concrete applications in social studies, English, mathematics, and science scenarios, this book provides pre-service and in-service teachers with seven paths to creatively integrate and innovate with computational thinking, datasets, maker spaces, visual design, media editing, and other approaches.

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  • What are the connections between efficiency and productivity?

    Efficiency and productivity are closely connected in that efficiency refers to the ability to accomplish a task with minimal waste, effort, or cost, while productivity refers to the rate at which goods or services are produced. When a process or system is efficient, it can lead to increased productivity because it allows for more output to be generated with the same amount of input. Conversely, when productivity is high, it often indicates that the resources and processes are being used efficiently. Therefore, improving efficiency can lead to increased productivity, and vice versa, as they both contribute to the overall effectiveness of a business or organization.

  • Does increasing productivity lead to higher economic efficiency?

    Yes, increasing productivity can lead to higher economic efficiency. When a company or economy can produce more output with the same input of resources, it can lead to lower production costs and higher profits. This can also lead to lower prices for consumers, which can increase overall economic welfare. Additionally, higher productivity can lead to increased competitiveness in the global market, which can further contribute to economic efficiency.

  • What is the relationship between power and efficiency?

    Power and efficiency are closely related in the context of energy usage. Power refers to the rate at which work is done or energy is transferred, while efficiency measures how well energy is converted into useful work. In general, higher power output does not necessarily mean higher efficiency, as a system can be powerful but inefficient if it wastes a lot of energy. On the other hand, a system can be efficient but not very powerful if it can convert a small amount of energy into useful work. Therefore, the relationship between power and efficiency is that they are both important factors to consider when evaluating the performance of an energy system.

  • Is there a power supply with 100% efficiency?

    No, there is no power supply with 100% efficiency. According to the laws of thermodynamics, it is impossible to achieve 100% efficiency in any system. In practical terms, power supplies typically have efficiencies ranging from 70% to 95%, with higher efficiency models being more expensive. Designing a power supply with 100% efficiency would require overcoming fundamental physical limitations, making it unattainable in reality.

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