He has also detected Kondratieff waves in the global dynamics of invention activities.
2.
He begins with " the Kondratieff wave, " named for Russian economist Nicolai Kondratieff, who studied 54-year trends.
3.
Under the terms of long cycle theory, five hegemonic long cycles have taken place, each strongly correlating to economic Kondratieff Waves ( or K-Waves ).
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