Embracing industrial revolution 4.0 in universities

The Industrial Revolution in Miniature

This paper uses the adoption and invention of the spinning jenny as a test case to understand why the industrial revolution occurred in Britain in the eighteenth century rather than in France or India. It is shown that wages were much higher relative to capital prices in Britain than in other countries. Calculation of the profitability of adopting the spinning jenny shows that it was profitable...

Embracing the Insulin Revolution in the Ambulatory Care Setting

IN BRIEF Recent additions of various new formulations of insulin to the U.S. marketplace have increased the number of treatment options available to people living with diabetes. However, it is important to take into consideration the implications of these new insulins in terms of patient safety and medication errors, integration with electronic medical records, and financial considerations. Thi...

The New Industrial Revolution

The New Industrial Revolution

This article outlines a new framework for understanding the current period of global restructuring, focusing on the relationship between technological change and organizational change. After reviewing the major approaches in the debate over future pathways to industrialization, a new perspective for understanding the ‘new industrial revolution’ is presented. At the core of this revolution is th...

The British Industrial Revolution