Breaking the waves: a poisson regression approach to Schumpeterian clustering of basic innovations

Silverberg, Gerald; Verspagen, Bart
September 2003
Cambridge Journal of Economics;Sep2003, Vol. 27 Issue 5, p671
Academic Journal
Proposes the methodology of Poisson regression as a logical way of incorporating clusters of basic innovations in economist Joseph Schumpeter's theory of long waves. Discussion on long-run development pattern of global capitalism; Construction of a time series for basic innovations.


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