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How “General purpose technologies” trigger long waves of economic development and thereby generate diversities of innovation
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Mar 31, 2020
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Long-term structural change is influenced by the emergence and dissemination of general purpose technologies (GPT) that generate “long waves” of economic development. The paper shows that the long-wave dynamics is characterized by major diversities of innovation and that economic agents and policy makers strongly influence an economy’s ability to benefit from new technologies. Information and communication technology as the dominant GPT of the current long wave and other, emerging technologies that possibly act as a GPT of the next long wave (e.g. Industry 4.0) are put into the long wave-context.
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Scherrer, W. (2020). How “General purpose technologies” trigger long waves of economic development and thereby generate diversities of innovation. UCJC Business and Society Review (formerly Known As Universia Business Review), 17(1), 36-49. Recuperado a partir de https://journals.ucjc.edu/ubr/article/view/4181
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Producción, Innovación y Tecnología
Citas
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Gallegati, M. (2019). A system for dating long wave phases in economic development. Journal of Evolutionary Economics, 29(3), 803-822.
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. Oxford
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Kagermann, H., Wahlster, W. and Helbig, J., 2013. Deutschlands Zukunft als Produktionsstandort sichern. Umsetzungsempfehlungen für das Zukunftsprojekt Industrie 4.0. Frankfurt/Main: Acatech – Deutsche Akademie der Technikwissenschaften.
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OECD, 2018. Going Digital in a Multilateral World. Paris: OECD.
O’Gorman, B., and Donnelly, W., (2019). Contextualisation of innovation: the absorptive capacity of society and the innovation process. En Diversities of Innovation. Routledge.
Perez, C. (1983). Structural change and assimilation of new technologies in the economic and social systems. Futures, 15(5), 357-375.
Perez, C., (2002). Technological Revolutions and Financial Capital. The Dynamics of Bubbles and Golden Ages. Edward Elgar. Cheltenham.
Rosenberg, N., & Frischtak, C. R. (1983). Long waves and economic growth: a critical appraisal. The American Economic Review, 73(2), 146-151.
Sandulli, F. D., and Gimenez Fernandez, E., (2019). Underemployment of middle-skilled workers and innovation outcomes: a cross-country analysis. En Diversities of Innovation, (pp. 137-153). Routledge.
Scherrer, W. (2015). Technology and socio-economic development in the long run: a ‘long wave’perspective. En Routledge Handbook of Politics and Technology (pp. 74-88). Routledge.
Scherrer, W. (2019a). Surfing the long wave: Changing patterns of innovation in a long-term perspective. In Diversities of Innovation (pp. 49-68). Routledge.
Scherrer, W., (2019b). Does Industry 4.0 mean a “sudden change” in long-term economic development? A long-wave perspective. Working Paper. University of Salzburg.
Schumpeter, J. A., 1939. Business Cycles: A Theoretical, Historical and Statistical Analysis of the Capitalist Process. New York: McGraw-Hill.
Vassiliadis, M.,( 2019). Skilled labour and continuing education. The role of the social partners for divergent opportunities of innovation. In Diversities of Innovation (pp. 35-48). Routledge.
Freeman, C., & Louça, F. (2001). As time goes by: the information revolution and the industrial revolutions in historical perspective. Oxford University Press, Inc. Oxford.
Gallegati, M. (2019). A system for dating long wave phases in economic development. Journal of Evolutionary Economics, 29(3), 803-822.
Hilpert, U. (Ed.). (2015). Routledge Handbook of Politics and Technology. Routledge.
. Oxford
Hilpert, U. (Ed.). (2019). Diversities of Innovation. Routledge. Oxford
Hilpert, U. (2019). 1 About socio-economic development, technology and government policies. En (Hilpert, 2019) Diversities of Innovation, 4-32. Routledge. Oxford
Kagermann, H., Wahlster, W. and Helbig, J., 2013. Deutschlands Zukunft als Produktionsstandort sichern. Umsetzungsempfehlungen für das Zukunftsprojekt Industrie 4.0. Frankfurt/Main: Acatech – Deutsche Akademie der Technikwissenschaften.
Kondratieff, N.D., (1935). The long waves in economic life, The Review of Economic Statistics 17(6).
OECD, 2018. Going Digital in a Multilateral World. Paris: OECD.
O’Gorman, B., and Donnelly, W., (2019). Contextualisation of innovation: the absorptive capacity of society and the innovation process. En Diversities of Innovation. Routledge.
Perez, C. (1983). Structural change and assimilation of new technologies in the economic and social systems. Futures, 15(5), 357-375.
Perez, C., (2002). Technological Revolutions and Financial Capital. The Dynamics of Bubbles and Golden Ages. Edward Elgar. Cheltenham.
Rosenberg, N., & Frischtak, C. R. (1983). Long waves and economic growth: a critical appraisal. The American Economic Review, 73(2), 146-151.
Sandulli, F. D., and Gimenez Fernandez, E., (2019). Underemployment of middle-skilled workers and innovation outcomes: a cross-country analysis. En Diversities of Innovation, (pp. 137-153). Routledge.
Scherrer, W. (2015). Technology and socio-economic development in the long run: a ‘long wave’perspective. En Routledge Handbook of Politics and Technology (pp. 74-88). Routledge.
Scherrer, W. (2019a). Surfing the long wave: Changing patterns of innovation in a long-term perspective. In Diversities of Innovation (pp. 49-68). Routledge.
Scherrer, W., (2019b). Does Industry 4.0 mean a “sudden change” in long-term economic development? A long-wave perspective. Working Paper. University of Salzburg.
Schumpeter, J. A., 1939. Business Cycles: A Theoretical, Historical and Statistical Analysis of the Capitalist Process. New York: McGraw-Hill.
Vassiliadis, M.,( 2019). Skilled labour and continuing education. The role of the social partners for divergent opportunities of innovation. In Diversities of Innovation (pp. 35-48). Routledge.