Capital efficiency may be considered from various economic and socio-economic perspectives. It was only during the past decade that the agricultural sector managed to use capital more efficiently than before 1960. This is in contrast with other sectors in the economy which experienced declining capital productivity over the past three decades. However, substitutiing capital with labour is since 1985 no longer to the advantage of the industry. Several shortcomings in the measurement of capital efficiency are shown, the most important of which is inconsistent data collection by the relevant authorities. Given certain economic prospects, doubt is expressed about the flexibility of the agricultural sector to maintain the increasing tendency in capital efficiency.

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The key to the productivity dilemma: “The performance manager”

Die doeltreffende aanwending van kapitaal in die landbou

This chapter provides a historical overview of the emergence of the creative technologies, tracing the usage of associated terms back to the close of the Second World War. An overall analysis of the reviewed literature suggests that the growth of the field was relatively slow prior to the year 2000; however since the turn of the millennium there has been an explosion of interest. The origin of creative technology is firmly places in the engineering disciplines with a focus on soundness of technology; however over time the field has expanded to include more artistic foci. This change in focus is discussed in light of how the creative technologies are viewed today and future directions of the field are discussed.

The key to the productivity dilemma: “The performance manager”

Citations

Die doeltreffende aanwending van kapitaal in die landbou

A Historical Review of Creative Technologies

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