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Paradigm Shift

What is a 'Paradigm Shift'

A paradigm shift is a major change in how some process is accomplished. A paradigm shift can happen when new technology is introduced that radically alters the production process of a good. For example, the assembly line created a substantial paradigm shift not only in the auto industry, but in all other areas of manufacturing as well.

Explaining 'Paradigm Shift'

Paradigm shifts can require that entire departments be eliminated or created in some cases, and millions or even billions of dollars of new equipment purchased while the old equipment is sold or recycled. Paradigm shifts have become much more frequent in the past hundred years, as the industrial revolution has transformed many social and industrial processes. This process is likely to become even more commonplace in the future as our rate of technological advancement increases.


Further Reading


Economics imperialism and the new development economics as Kuhnian paradigm shift?
www.sciencedirect.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Humanism in business–towards a paradigm shift?Humanism in business–towards a paradigm shift?
link.springer.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Seaports, urban sustainability, and paradigm shiftSeaports, urban sustainability, and paradigm shift
www.tandfonline.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Making urban excreta and wastewater management contribute to cities' economic development: a paradigm shiftMaking urban excreta and wastewater management contribute to cities' economic development: a paradigm shift
iwaponline.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Collaboration or paradigm shift?: Caveat emptor and the risk of romance with economic models for strategy and policy researchCollaboration or paradigm shift?: Caveat emptor and the risk of romance with economic models for strategy and policy research
pubsonline.informs.org [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Credit rating agencies and global financial crisis: Need for a paradigm shift in financial market regulationCredit rating agencies and global financial crisis: Need for a paradigm shift in financial market regulation
www.ingentaconnect.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …

Horizons in strategic communication: Theorising a paradigm shiftHorizons in strategic communication: Theorising a paradigm shift
www.tandfonline.com [PDF]
… renamed its marketing department as “Customer Business Development” and has shifted focus toward its immediate … that enables scholars in economics, finance and accounting … if the emerging discipline is a paradigm shift. Resistance to …



Q&A About Paradigm Shift


Why do we see more frequent shifts today than before?

We see more frequent shifts today because our rate of technological advancement increases.

What are two ways that an entire department can be eliminated or created?

Entire departments can be eliminated or created by eliminating or creating entire departments.

How does the assembly line create a paradigm shift?

The assembly line created a substantial paradigm shift not only in the auto industry, but in all other areas of manufacturing as well.

What is a paradigm shift?

A paradigm shift is a major change in how some process is accomplished.