Stalemate in Technology: Innovations Overcome the Depression

acceleration activity areas basic inventions become Brno business cycle capital Chapter consumer countries crises curve demand depression echo effect economists electrophysics employment Eurodollar evolutionary example expansionary fact Figure Frequency German growth holography hyperindustrialization ideas implemented improvement innovations increase Industrial Revolution industrialized nations inflation inno innovation process innovative change Inventions to Basic Kindelberger knowledge transfer Lead liquidation theory market economy market power ment metamorphosis model modern monetary needs Neopren nomic number of basic patent system pattern percent periods phase practice problem production profits prosperity pseudo-innovations radical Schumpeter scientific sectors seniority principle situation social innovations society socioeconomic speed stage stagflation stagnation and innovation stalemate in technology stream of basic sumer surge of innovations surges of basic swell of basic T.S. Kuhn Table technological basic innovations technological stalemate tempo tion traditional transfer of knowledge transition West Germany Western