Two-dimensional constrained chaos and industrial revolution cycles-Reference-Cited by-同舟云学术

Two-dimensional constrained chaos and industrial revolution cycles

Published:2023-01-27 Issue:5 Volume:120 Page:
ISSN:0027-8424
Container-title:Proceedings of the National Academy of Sciences
language:en
Short-container-title:Proc. Natl. Acad. Sci. U.S.A.

Author:

Yano Makoto¹²^ORCID,Furukawa Yuichi²³^ORCID

Affiliation:

1. Kyoto University, 606-8501 Kyoto, Japan

2. Research Institute of Economy, Trade and Industry, 100-8901 Tokyo, Japan

3. Chuo University, 192-0351 Tokyo, Japan

Abstract

Since the 1760s, at least three industrial revolutions have occurred. To explain this phenomenon, we introduce two-dimensional (2D) constrained chaos. Using a model of innovation dynamics, we show that an industrial-revolution-like technology burst, driven by investment/saving motives for R&D activities, recurs about every one hundred years if the monopolistic use of a new technology lasts about 8 y.

Funder

Japan Society for the Promotion of Science London

Toyota Foundation

Publisher

Proceedings of the National Academy of Sciences

Subject

Multidisciplinary

Link

https://pnas.org/doi/pdf/10.1073/pnas.2117497120

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