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National Interests: Priorities and Security
 

Innovation pause as the reason cycle of economic development

Vol. 6, Iss. 9, MAY 2010

Available online: 7 May 2010

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

Savina T.N. Candidate of Economics, Mordva State University after N.P. Ogarev
savinatn@yandex.ru

In clause are opened essence and contents of a nature cycle of economic development; the role innovation in development of modern economy is proved. The author analyzes the reasons cycle of economic development in a context periodization of a history of mankind, that has allowed him to reveal characteristics of present global financial and economic crisis, and considers(examines) aspects of global economic changes in modern economy from a position of the "technological" theory of economic development.

Keywords: crisis, cycle of economic development, technological innovation, innovation a pause, strategy of modernization

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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