Advanced Search

Are There Schumpeterian Waves of Innovations?

Contents:

Author Info

  • Kleinknecht, Alfred
Registered author(s):

    Abstract

    Joseph A. Schumpeter's hypothesis that radical innovations come about in bunches has caused considerable controversy. The author's reexamination of the empirical evidence suggests that there is indeed poor evidence of macroeconomic innovation waves before the mid-nineteenth century. Thereafter, however, two long waves of major innovations occur. A t-test confirms that these waves can be distinguished from random fluctuations. Some implications of the findings on long wave theories, and in particular on demand and profit rate analysis, are sketched. Copyright 1990 by Oxford University Press.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

    Volume (Year): 14 (1990)
    Issue (Month): 1 (March)
    Pages: 81-92
    Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
    Handle: RePEc:oup:cambje:v:14:y:1990:i:1:p:81-92

    Contact details of provider:
    Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
    Fax: 01865 267 985
    Email:
    Web page: http://www.cje.oupjournals.org/

    Order Information:
    Web: http://www.oup.co.uk/journals

    For corrections or technical questions regarding this item, or to correct its listing, contact: (Oxford University Press) or (Christopher F. Baum).

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    Cited by:
    1. Reati, Angelo, 1998. "A Long-Wave Pattern for Output and Employment in Pasinetti’s Model of Structural Change," MPRA Paper 1663, University Library of Munich, Germany.
    2. Bettina Peters, 2005. "Persistence of Innovation: Stylised Facts and Panel Data Evidence," Development and Comp Systems 0511021, EconWPA.
    3. Silverberg,Gerald & Verspagen,Bart, 2000. "Breaking the Waves: A Poisson Regression Approach to Schumpeterian Clustering of Basic Innovations," Research Memoranda 026, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
    4. Cani�ls, M.C.J. & Verspagen, B., 1999. "The effects of economic integration on regional growth, an evolutionary model," Eindhoven Center for Innovation Studies (ECIS) working paper series 99.13, Eindhoven Center for Innovation Studies (ECIS).
    5. Windrum,Paul & Birchenhall,Chris, 2002. "Technological diffusion, welfare and growth: technological succession in the presence of network externalities," Research Memoranda 038, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
    6. Silverberg,Gerald, 2005. "When is a Wave a Wave? Long Waves as Empirical and Theoretical Constructs from a Complex Systems Perspective," Research Memoranda 014, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.
    7. Heger, Diana, 2004. "The Link Between Firms? Innovation Decision and the Business Cycle: An Empirical Analysis," ZEW Discussion Papers 04-85, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    8. Korkut Erturk, 2002. "Revisiting the Old Theory of Cyclical Growth: Harrod, Kaldor cum Schumpeter," Review of Political Economy, Taylor and Francis Journals, vol. 14(2), pages 179-192.
    9. Ron Boschma, 1996. "The window of locational opportunity-concept," Working Papers 260, Dipartimento Scienze Economiche, Universita' di Bologna.
    10. Silverberg,Gerald, 2003. "Long Waves: Conceptual, Empirical and Modelling Issues," Research Memoranda 015, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:14:y:1990:i:1:p:81-92

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.