ConceptProductivity J-Curve
Productivity J-Curve
An economic theory describing the phenomenon in which productivity may briefly decline in the early stage of introducing a general-purpose technology, then accelerate upward as processes are restructured and learning effects take hold.
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Oct 24
The "productivity J-curve" proposed by economist Brynjolfsson describes the phenomenon in the early stage of introducing a general-purpose technology: due to learning costs and process restructuring, productivity may even decline briefly before accelerating upward.
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