Innovation waves and technological transitions: Sweden, 1909-2016

Research output: Working paper

Standard

Innovation waves and technological transitions: Sweden, 1909-2016. / Taalbi, Josef.

2019. (Lund Papers in Economic History. General Issues; No. 2019:196).

Research output: Working paper

Harvard

Taalbi, J 2019 'Innovation waves and technological transitions: Sweden, 1909-2016' Lund Papers in Economic History. General Issues, no. 2019:196.

APA

Taalbi, J. (2019). Innovation waves and technological transitions: Sweden, 1909-2016. (Lund Papers in Economic History. General Issues; No. 2019:196).

CBE

Taalbi J. 2019. Innovation waves and technological transitions: Sweden, 1909-2016. (Lund Papers in Economic History. General Issues; 2019:196).

MLA

Taalbi, Josef Innovation waves and technological transitions: Sweden, 1909-2016. Lund Papers in Economic History. General Issues; 2019:196. 2019., 34 p.

Vancouver

Taalbi J. Innovation waves and technological transitions: Sweden, 1909-2016. 2019. (Lund Papers in Economic History. General Issues; 2019:196).

Author

Taalbi, Josef. / Innovation waves and technological transitions: Sweden, 1909-2016. 2019. (Lund Papers in Economic History. General Issues; 2019:196).

RIS

TY - UNPB

T1 - Innovation waves and technological transitions: Sweden, 1909-2016

AU - Taalbi, Josef

PY - 2019

Y1 - 2019

N2 - There are important unresolved questions about long-term trends of in- novation activity and the nature of the interplay between innovation and economic development and transformation. This study explores the promise of a literature-based innovation output indicator, constructed for the Swedish engineering industry, 1909-2016. The findings suggest a long-run increasing trend in innovations per capita. Meanwhile, product innovations have also become more complex and it is suggested that crude innovation counts underestimate the long-run innovation performance. In order to analyse innovation and economic development across different frequencies, the study uses a wavelet decomposition approach. The results suggest that innovation activity has surged in periods of intense industry rationalization and struc- tural crisis (1930s, 1970s and 2010s) and that such pulses were intimately connected to the second and third industrial revolutions.

AB - There are important unresolved questions about long-term trends of in- novation activity and the nature of the interplay between innovation and economic development and transformation. This study explores the promise of a literature-based innovation output indicator, constructed for the Swedish engineering industry, 1909-2016. The findings suggest a long-run increasing trend in innovations per capita. Meanwhile, product innovations have also become more complex and it is suggested that crude innovation counts underestimate the long-run innovation performance. In order to analyse innovation and economic development across different frequencies, the study uses a wavelet decomposition approach. The results suggest that innovation activity has surged in periods of intense industry rationalization and struc- tural crisis (1930s, 1970s and 2010s) and that such pulses were intimately connected to the second and third industrial revolutions.

KW - Innovation

KW - Wavelet analysis

KW - Technological systems

KW - N13

KW - O31

KW - O14

M3 - Working paper

T3 - Lund Papers in Economic History. General Issues

BT - Innovation waves and technological transitions: Sweden, 1909-2016

ER -