- A-Z
- Jena Economics Rese...
- Volume 16
- Tools and concepts ...
- Autor(in)
- Erschienen
- 4. April 2022
- Nummer des Discussion-Papers
-
2022-005
- Schlagwort(e)
-
disruptive technology
emerging technology
general purpose technology
great surge of development
Kondratiev
long wave cycle
perennial gale of creative destruction
Radical innovation
Schumpeter
techno-economic paradigm
technological discontinuities
technological revolution
- Zusammenfsg.
-
This chapter is about radical innovation and disruptive technological change. Discovering the nature and mechanisms of disruptive technological change can help to understand the long-run dynamics of innovation and map profound transformation in socio-economic systems. The chapter considers four concepts essential for the understanding radical and disruptive technological change: long waves, techno-economic paradigms, general purpose technologies (GPTs), and disruptive technologies. We conclude with some insights on the emerging technologies in the latest techno-economic paradigm. The tools and concepts given here remain the cornerstone of a useful theory of innovation and change even in our current complex socio-technical landscape.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- O31 - Innovation and Invention: Processes and Incentives
- URN
- urn:nbn:de:urmel-9c1d422d-b8a5-42a9-a811-136ea87073f27-00311769-11