Waves of economical development and their connections with innovation growth Cover Image

Вълни на икономическо развитие и връзката им с иновационния растеж
Waves of economical development and their connections with innovation growth

Author(s): Elitsa Petrova
Subject(s): Social Sciences, Economy, Sociology, Economic development
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: innovation; innovative growth; economical waves.

Summary/Abstract: Innovation is the topic of discussion and debate for hundreds of years. In the 19th century economists and historians note that the acceleration of economic growth is the result of technological progress. The first observations on it suggest that economic development is manifested in the form of waves of activity. Karl Marx offerеd innovation to be linked to economic growth.The article discusses the wave theory of innovation proposed by Schumpeter, Kondratieff, Abernat.

  • Issue Year: 5/2015
  • Issue No: 1
  • Page Range: 56-65
  • Page Count: 10
  • Language: Bulgarian