Schumpeter showed that the boom and bust cycles are intrinsically related to the functioning of the capitalist economy …. These boom and bust cycles are inherent to the rise innovation. Our paper analyses innovation cycles in a stock flow … paradigm. We present two models. The first one, as a tribute to Schumpeter s work, follows strictly Schumpeter s description of …

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 … here remain the cornerstone of a useful theory of innovation and change even in our current complex sociotechnical …