THE CYCLICAL DYNAMICS OF TECHNOLOGICAL INNOVATION: A THEORETICAL APPROACH TO DEVELOPMENT AND DIFFUSION PROCESSES
DOI:
https://doi.org/10.56238/revgeov17n1-097Keywords:
Technological Innovation, Technological Cycles, Diffusion of Innovations, Creative Destruction, Technological ProgressAbstract
This article presents a bibliographic review of technological evolution cycles, aiming to understand how innovations emerge, diffuse, and consolidate over time. The research adopts a qualitative approach, grounded in classical and contemporary contributions from innovation theory, with particular emphasis on the installation and deployment model proposed by Carlota Pérez (2003). The analysis shows that technological progress occurs in a cyclical manner and is conditioned by economic, institutional, organizational, and social factors. By articulating contributions from different authors, the study demonstrates that the diffusion of innovations depends not only on technical development but also on favorable institutional environments, business strategies, and social adoption mechanisms. It is concluded that understanding technological cycles provides a consistent theoretical framework for analyzing the dynamics of innovation in contemporary society.
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References
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