Abstract
At the present moment we have many different concepts of long waves, and the diversities among them seem to be very substantial. Some authors view these different concepts and theories as competing ones. Others believe (and I share this opinion) that existing concepts are more complementary than competitive and, furthermore, that we can find common elements among the main approaches. For example, according to Kleinknecht (1987, p. 206), one such element is the innovation process.
I would like to thank Charles Feinstein for his useful remarks on an earlier draft of this chapter.
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© 1992 Alfred Kleinknecht, Ernest Mandel and Immanuel Wallerstein
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Poletayev, A.V. (1992). Long Waves in Profit Rates in Four Countries. In: Kleinknecht, A., Mandel, E., Wallerstein, I. (eds) New Findings in Long-Wave Research. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22450-0_6
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