POE Q.1.2 What is the techno-economic paradigm and how can one develop from this ?

Q.1.2 What is the techno-economic paradigm and how can one develop from this ?


(According to Roberts, 2016) techno-economic paradigm introduce the transformation  of technology.
techno-economic paradigm it analyse the formula of technology and the role in developing  the economy via the application of accompanying.

• When new technology is introduced many people are hesitant as the change leads to uncertainty. Many people prefer to use methods that they have always been using because they are comfortable with it and they understand it. It takes time before people can start to learn to trust and work new technology and before businesses can start seeing a return on their investment.

• We can develop from this, that new advancements in technology will only be accepted and trusted after a certain period of time because people need time to learn and adapt before they see the brilliance of the innovation.

References.

Roberts Blogs 2016 A paradigm can be defined as, “a pattern of something; a pattern or model”