robotics

Recent Research: Use of industrial robots yields greener economic growth

A recent study found that the use of industrial robots (UIR) can reduce a country’s overall ecological footprint while simultaneously promoting economic growth. This is through timesaving, green employment, and energy upgrading effects that increase as the level of economic development and human capital within the country increases. The researchers also observed that the effect of UIR in reducing the ecological footprint is more evident in countries that are members of the Organisation for Economic Co-operation and Development (OECD) – which includes some of the world’s most carbon-intensive nations. Therefore, UIR can simultaneously be used to further economic growth while increasing environmental protection and reducing contributions that accelerate climate change.

Economic study shows robotics boom in Pittsburgh creating new businesses and jobs

Celebrating its 25 years in operation, the National Robotics Engineering Center’s (NREC) success is revealed in an economic study commissioned by Carnegie Mellon University “to inform the future development of boundary-pushing institutions.” Established decades ago as “a new model of academic-industry partnership,” the NREC study, conducted by Fourth Economy Consulting, reveals how the robotics institution changed the economy of the neighborhood, region and robotics industry in Pittsburgh.

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