Long Waves of Technological Innovations

Studia Politica Slovaca (Studia Politica Slovaca), Issue 2, pp. 50-68, 2011

20 Pages Posted: 14 Nov 2013

See all articles by Daniel Smihula

Daniel Smihula

Government Office of the Slovak Republic

Date Written: July 12, 2011

Abstract

This article is a sequel to my article in Studia Politica Slovaca 1/2009. There I found waves of technological innovations during the period of the modern economy (after 1600 AD). Each wave started with an innovative phase (a technological revolution), continued with an application phase (a boom) and terminated with a crisis.

In this article I defined five pre-modern waves of technological innovations in the period roughly from 1900 BC to 1600 AD. These waves are comparable with the modern waves (post-1600). In this more distant past I found 5 technological revolutions which initiated long economic waves: Indo-European technological revolution (1900-1100 BC), Celtic and Greek technological revolution (700-200 BC), Germanic and Slavic technological revolution (300-700 AD), Medieval technological revolution (930-1200) and Renaissance technological revolution (1340-1470).

Keywords: technological revolution; economic long waves; Kondratiev cycle; history of Europe

Suggested Citation

Smihula, Daniel, Long Waves of Technological Innovations (July 12, 2011). Studia Politica Slovaca (Studia Politica Slovaca), Issue 2, pp. 50-68, 2011, Available at SSRN: https://ssrn.com/abstract=2353624

Daniel Smihula (Contact Author)

Government Office of the Slovak Republic ( email )

Úrad vlády Slovenskej republiky
Námestie slobody 1
Bratislava, 813 70
Slovakia

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