¶ Industrial Lag (2)
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Index Entry
Industrial Lag:
"between the invention and the actual incorporation in the circuits that are designed.
“In railroading there is about 15 years-- a very long span. In airplanes there is only about a seven-year span. In housing the average lag is 45 years. This will give you an idea of how this low-priority art really lags behind.”
¶ Citations
- Oregon University Lecture #1, p.18, 1 Jul’62
