![]() ![]() In the tradition of the economics of innovation, the First Industrial Revolution had been a combination of time-saving heuristics, enabled by the mechanization process, and the division of labor inside factories, together with the emergence of innovative artefacts. ![]() ![]() Reducing time of operations during Taylorism, increasing saturation of takt-times during Toyotism, and speeding up processes and executions of functions remotely tracking operators’ intervention nowadays, are core drivers of mechanization and automation. The existence of labor-saving (hereafter, LS) heuristics driving the rate and direction of technological change is a documented pattern, since the inception of the First Industrial Revolution. ![]()
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