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Innovation Patterns in Crisis and Prosperity : Schumpeter's Long Cycle Reconsidered - Alfred Kleinknecht

Innovation Patterns in Crisis and Prosperity

Schumpeter's Long Cycle Reconsidered

Hardcover Published: 9th February 1987
ISBN: 9780333407455
Number Of Pages: 235

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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.

ISBN: 9780333407455
ISBN-10: 0333407458
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 235
Published: 9th February 1987
Publisher: SPRINGER VERLAG GMBH
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 1.91
Weight (kg): 0.47
Edition Number: 1