Mystery of the 5th wave — is the Earth too small for it?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F01801376%3A_____%2F19%3AN0000016" target="_blank" >RIV/01801376:_____/19:N0000016 - isvavai.cz</a>
Result on the web
<a href="https://msed.vse.cz/msed_2019/article/30-Dobrylovsky-Jiri-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2019/article/30-Dobrylovsky-Jiri-paper.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Mystery of the 5th wave — is the Earth too small for it?
Original language description
Long waves are the longest economic cycle with an approximate length of 50-60 years. Most of the exponents of the long wave theory are convinced about their relation to innovations of the highest level. The most important theoreticians of long waves are N.D.Kondratiev and J.A.Schumpeter. It is generally accepted that there have been 4 whole cycles, so called K-waves, since the beginning of the industrial revolution. However, economists differ in the opinion, whether we are witnessing the beginning of the 5th wave now, or the 5th wave has not started yet. This 5th wave should be initiated by information technologies, respectively by the so-called economy 4.0. However, if the 5th K-wave is already going on, then its course is sig-nificantly different from the upswing phase of the previous four waves and there is a question, what caused this. As the previous four K-waves always led to a significant territorial growth in markets, there is a provocative question, whether the Earth is not already too small for the awaited 5th wave and if this wave is not connected with expansion into the space. The first efforts in this direction can be seen already these days.
Czech name
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Czech description
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Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
International Days of Statistics and Economics (MSED 2019)
ISBN
978-80-87990-18-6
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
309-316
Publisher name
Melandrium
Place of publication
Slaný
Event location
Praha
Event date
May 9, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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