1. Teknologi dan Kemakmuran
EEPIS – ITS

2. PRAKATA
Technology has always played a major role in creating wealth of nations and influencing standards of living and quality of life.

3. Evolution by Age of Technology
Biotech
Age
Information
Space
Electronic
Nuclear
Electricity
Steam
Iron
Bronze
Stone
lanjut

4. Long-wave Cycle Betz (1987):
the process behind the wave is interaction between new technology, business opportunities the new technology creates, and an eventual overbuilding of capital after the technology ages.

5. Sequence of Events
Discoveries in science create a phenomenal base for technological innovation
Radical and basic technological innovation creates new products
These products create new markets and new industries
The new industries continue to innovate in products and processes, expanding markets
As the technology matures, many competitors enter internationally, eventually creating excess production capacity
Excess capacity decreases profitability and increase business failures and unemployment
Subsequent economic turmoil in financial markets may lead to depressions
New Science and new technology may provide the basis for new economic expansion.

6. Hasil Observasi Betz:
Cutting-edge technology is behind the long-waves of economic activity
High-technology products displace old-technology when there is a justification for performance over cost.
Technology life cycles of industries affect long cycles in the national economy
New technology comes from science, and science comes from the new discoveries in nature
A new technology, when created, will begin a new wave

7. Important Technological Innovations
1970~
1950~
1940~
1901~
1830~
1793~
Practical steamboat
Steam powered locomotive
Telegraph
Telephone
Radio
Engine
Elevator AC
Airplane
Jet Engine
FM Radio
Helicopter
Color TV
Computer
Supersonic
Transistor
Instant camera
Jet liner
Sputnik
NASA IC
LASER
Satellite
Kevlar
Fiber Optics
Apollo XI
Microproc.
Rec DNA
MRI scanner
Space shuttle
Laser Printer

8. Technology and National Economy
Developed economies are identified with countries that properly use technology for the creation of wealth
Less-developed economies are identified with countries lacking the technological know-how necessary to create wealth.