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The Role of Innovation in the Development of Social and Economic Cycles

Author

Listed:
  • Podlesna Vasylyna G.

    (Ukrainian Academy of Banking of the National Bank of Ukraine)

Abstract

In the article the reciprocal determinism of the innovation cycle and socio-economic cycle of the capitalist mode of production. The problem is considered on the basis of analysis of the law of the tendency to a decrease in the rate of return, based on the fundamental contradiction of the capitalist mode of production.

Suggested Citation

  • Podlesna Vasylyna G., 2012. "The Role of Innovation in the Development of Social and Economic Cycles," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 9, pages 26-32.
    • Handle: RePEc:idp:bizinf:y:2012:i:9:p:26_32
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