Open AccessModeling processes that provide an avalanche of innovation growth
Author(s) -
Sofia Diakonova,
St Artyshchenko,
Natalija A. Medvedeva,
Mikhail E. Gusev
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/2131/4/042001
Subject(s) - depression (economics) , action (physics) , great depression , economics , neuroscience , computer science , psychology , physics , political science , keynesian economics , quantum mechanics , law
This paper proposes an addition to Kondratyev’s theory of the emergence of innovations in long cycles. Regularities of the emergence of crisis phenomena and the concept of “avalanche-like growth of innovations” are considered. The study investigated the innovation peaks occurring in the middle of the depression phase, followed by the growth stages of economic activity after a certain period of time. Research has shown that the active emergence of innovations, which we have called the “snowballing growth of innovations,” falls in the middle of the depression phase. The authors investigated and supplemented the theory of the triggering effect of depression, which is similar to the action of the trigger, which results in an “avalanche-like growth of innovations”. To describe the processes associated with resonance and trigger effects, the authors propose to use the parametric resonance model and the Mathieu equation. With the help of mathematical modeling of innovation processes, a more accurate description of the periodic change in the number of innovations over time is possible, namely, the “avalanche-like growth of innovations”.