The long waves in the post-industrial economy

Victor Dementiev

Montenegrin Journal of Economics, 2014, vol. 10, issue 2, 63-70

Abstract: Possibility of preservation of Kondratiev cycles in the conditions of post-industrial economy is considered. The reasons of emergence of doubts in such opportunity are explained. The role of complexity of innovations in preservation of recurrence of development of economy during a postindustrial era is shown. The special attention is paid to not monotony of accumulation of knowledge. The relationship between changes in the financing of basic research in the United States industry and the phases of the long wave of economic development is explained.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:10:y:2014:i:2:p:63-70

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