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Innovation Patterns in Crisis and Prosperity
Alfred Kleinknecht
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Description for Innovation Patterns in Crisis and Prosperity
Paperback. Num Pages: 253 pages, biography. BIC Classification: KCA. Category: (G) General (US: Trade). Dimension: 216 x 140 x 15. Weight in Grams: 330.
With the economic problems facing Western economics during the last decade, theories about an alleged forty-five to sixty years' pulsation in economic life (the Kondratieff-Schumpeter cycle) have experienced a remarkable renaissance. Based on a new econometric test method, the author argues that long waves can be identified not only in price series but also in the aggregate output of a number of key industrialized countries. The author's own research corroborates Schumpeter's hypothesis that, far from being caused by a flash of genius, radical innovations occur in clusters, interacting with economic fluctuations and social change.
With the economic problems facing Western economics during the last decade, theories about an alleged forty-five to sixty years' pulsation in economic life (the Kondratieff-Schumpeter cycle) have experienced a remarkable renaissance. Based on a new econometric test method, the author argues that long waves can be identified not only in price series but also in the aggregate output of a number of key industrialized countries. The author's own research corroborates Schumpeter's hypothesis that, far from being caused by a flash of genius, radical innovations occur in clusters, interacting with economic fluctuations and social change.
Product Details
Format
Paperback
Publication date
1987
Publisher
Palgrave Macmillan United Kingdom
Number of pages
253
Condition
New
Number of Pages
235
Place of Publication
Basingstoke, United Kingdom
ISBN
9781349185610
SKU
V9781349185610
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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