Usually means: Innovation that alters production processes.
Definitions Related words Mentions
We found 4 dictionaries that define the word technical change:

General (1 matching dictionary)
  1. Technical change: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. technical change: Glossary of research economics
  2. Technical change, Technical change: Deardorff's Glossary of International Economics

Definitions from Wikipedia (Technical change)

noun:  A technical change is a term used in economics to describe a change in the amount of output produced from the same amount of inputs.


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