Learning by Doing Quotes

“Economic historians have long understood that most of the economic benefit from many major new technologies does not come from the initial commercialization of the original invention but from the eventual implementation.”
― James Bessen, Learning by Doing: The Real Connection Between Innovation, Wages, and Wealth

“If these examples are typical, then 75 to 95 percent of the productivity gains from many major new technologies were realized only after decades of improvements in the implementation.”
― James Bessen, Learning by Doing: The Real Connection Between Innovation, Wages, and Wealth