page_title: Technological revolution
section_title: Description
hierarchical_section_title: Technological revolution / Description
caption_attribution_description: English: The introduction of the Spinning Mule into cotton production processes helped to drastically increase industry consumption of cotton. This example is the only one in existence made by the inventor Samuel Crompton. It can be found in the collection of Bolton Museum and Archive Service. Français&#160;: Mule-jenny telle que construite par son inventeur Samuel Crompton. L'exemplaire illustré sur la photo est le seul qui soit parvenu jusqu'à nous. Conservé au musée de Bolton, Lancashirre, Royaume-Uni. Español: Mule-jenny telle que construite par son inventeur Samuel Crompton. L'exemplaire illustré sur la photo est le seul qui soit parvenu jusqu'à nous. Conservé au musée de Bolton, Lancashirre, Royaume-Uni.
context_page_description: A technological revolution is a period in which one or more technologies is replaced by another, novel technology in a short amount of time. It is an era of accelerated technological progress characterized by new innovations whose rapid application and diffusion typically cause an abrupt change in society.
context_section_description: A technological revolution generally increases productivity and efficiency. It may involve material or ideological changes caused by the introduction of a device or system. Some examples of its potential impact are business management, education, social interactions, finance and research methodology; it is not limited strictly to technical aspects. The technological revolution rewrites the material conditions of human existence and can reshape culture. It can play a role as a trigger of a chain of various and unpredictable changes:
  What distinguishes a technological revolution from a random collection of technology systems and justifies conceptualizing it as a revolution are two basic features:
  1. The strong interconnectedness and interdependence of the participating systems in their technologies and markets.
  
  2. The capacity to transform profoundly the rest of the economy (and eventually society).
  The consequences of a technological revolution are not necessarily positive. For example, innovations, such as the use of coal as an energy source, can have negative environmental impact and cause technological unemployment. Schumpeter described this contradictory nature of technological revolution, creative destruction. The concept of technological revolution is based on the idea that technological progress is not linear but undulatory. Technological revolution can be
  Relation revolution (Social Relations, phones, Revolution played a big part in Relation)
  Sectoral (more technological changes in one sector, e.g. Green Revolution and Commercial Revolution)
  Universal (interconnected radical changes in more sectors, the universal technological revolution can be seen as a complex of several parallel sectoral technological revolutions, e.g. Second Industrial Revolution and Renaissance technological revolution)
  The concept of universal technological revolutions is a key factor in the Neo-Schumpeterian theory of long economic waves/cycles (Carlota Perez, Tessaleno Devezas, Daniel Šmihula and others).
caption: The Spinning Jenny and Spinning Mule (shown) greatly increased the productivity of thread manufacturing compared to the spinning wheel
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