Towards the Fifth Kondratiev Upswing: Elements of an Emerging New Growth Phase and Possible Development Trajectories

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/59931 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/59931 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/59931 archive 351 disk0/00/00/33/71 2016-01-15 02:00:28 2021-08-27 17:13:45 2016-01-15 02:00:28 monograph show 2 Grubler A. 1115 0000-0002-7814-4990 Nowotny H. AL1655 Towards the Fifth Kondratiev Upswing: Elements of an Emerging New Growth Phase and Possible Development Trajectories pub iis_ecn iis_mod iis_trn prog_ecs This report takes a long-term view on economic growth from an essentially Shumpeterian perspective. The authors consider that since the early 1970s we have been witnessing a volatile and turbulent transition towards a new phase of socio-economic development, in which the diffusion of a host of interrelated new technologies, institutions and forms of organization could lead to a renewed period of economic growth and prosperity. They argue that the beginning of such a diffusion phase, in which the ultimate characteristics of the future development trajectory are being shaped, could constitute an opportunity window for reducing the disparities between countries as a result of their different degrees of economic development. They consider in addition that the successful catching-up will depend more on an effective introduction and diffusion of the elements of the emerging new development regime than on a growth model along the trajectories and intensity level of the previous model of development. 1990 published RR-90-007. Reprinted from International Journal of Technology Management, 5(4) [1990]. RP-90-007 Reprinted from International Journal of Technology Management; 5(4) [1990] 10 112 2693 public research_reprint International Journal of Technology Management 5 4 IIASA, Laxenburg, Austria 44 TRUE FALSE info:eu-repo/semantics/book