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Who Was Right? Kuznets in 1930 or Schumpeter in 1939?
Alfred Kleinknecht, Gerben van der Panne
118 - 125
NATO Security through Science Series - E: Human and Societal Dynamics
Volume 5: Kondratieff Waves, Warfare and World Security
Abstract

This paper gives a brief historical account of the discussion on innovations clustering, reviewing Kuznet's criticism on Schumpeter's cluster-of-innovation hypothesis. Thereafter engages into econometric analyses of time series of major innovations that were produced by various authors. We conclude that much is to be said in favour of a rehabilitation of Schumpeter's (1939) cluster-of-innovation hypothesis.

$35.00 / €27.50 / £22.00
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