Title :
The productivity paradox, chaotic systems, and dissipative enterprises
Author :
Jenner, Richard A.
Author_Institution :
San Francisco State Univ., CA, USA
Abstract :
This paper explores the problem of “the productivity paradox,” in which some industries that experienced the highest rates of capital investment during the past decade encountered low growth rates. It uses interdisciplinary concepts from the fields of deterministic chaos, information theory and cybernetics to construct a model of a production system as a dynamic, self-organizing system, in which dynamic, “far from equilibrium” dissipative systems are fundamental instruments in productivity improvement
Keywords :
commerce; economic cybernetics; economics; engineering; human resource management; investment; capital investment; chaotic systems; cybernetics; deterministic chaos; dissipative enterprises; dynamic dissipative systems; engineering management; far from equilibrium; growth rates; industries; information theory; model; production system; productivity improvement; productivity paradox; self-organizing system; Chaos; Chaotic communication; Control systems; Cybernetics; Entropy; Information theory; Investments; Production; Productivity; Uncertainty;
Conference_Titel :
Engineering Management Conference, 1994. 'Management in Transition: Engineering a Changing World', Proceedings of the 1994 IEEE International
Conference_Location :
Dayton North, OH
Print_ISBN :
0-7803-1955-9
DOI :
10.1109/IEMC.1994.379918
