International Scientific Publications
© 2018 Science Events Ltd
Terms of Use  ·  Privacy Policy
Choose language English French Russian Bulgarian

Economy & Business, Volume 10, 2016

ADJUSTING THE GLOBAL ECONOMY INNOVATION DEVELOPMENT TO THE SLUGGISH CRISIS: HOW LONG "INNOVATION PAUSE" LASTS?
Igor E. Frolov
Pages: 424-439
Published: 28 Aug 2016
Views: 737
Downloads: 180
Abstract: The author puts forward the hypothesis that in last few decades, the social mechanisms that reproduce economic cycles has grown complicated and that, in particular, led to a significant decrease of innovation efficiency as a growth boosting mechanism, and has resulted in an "innovation pause". The current development of the world economy is moving to a new stage under deep transformation process. In the long term, the innovative processes would not be developed on the base of traditional technological innovations, but rather on a new type of financial innovation that is Impact investments.
Keywords: societal objectivization, financial crisis, economic cycles, non-market economy, reproduction, innovation
Download full text

Back to the contents of the volume
By using this site you agree to our Privacy Policy and Terms of Use. We use cookies, including for analytics, personalisation, and ads.