Kondratieff Cycle Checkup


Knowing the Kondratieff cycle will help you assess your idea in relation to the big waves of the world economy. The Russian economist Nikolai Kondratiev observed change processes in the world economy that take place in long waves. In doing so, he put revolutionary basic innovations and drastic historical events such as wars into context.

At the beginning of each wave he describes there is an invention that changes production and also the whole society. Investments are then made in this technology for 40 to 60 years and there is an economic upswing until the production method reaches its limits, growth stops and another basic innovation marks the beginning of the next cycle.

1st Kondratieff: invention of the steam engine; innovations in the textile industry (Great Britain)
2nd Kondratieff: invention of the railroad; steel (Great Britain)
3rd Kondratieff: electrical engineering; chemistry (Germany/USA)
4th Kondratieff: automobile; petrochemistry (USA as world power; peak of industrial society)
5th Kondratieff: From industrial to information society (after oil crisis)
6th Kondratieff: health care market; biotechnology; psycho-social sector; environmental technology

Look at the cycles and the triggers of the respective upward and downward movements of the wave in the graph.

Registered Users will find a detailed description of the use of methods in a meeting or workshop context in the next section. Signing Up is free of charge

In addition to this description, you will find complete instructions on how to use the method in a team meeting or workshop in the Innovation Wiki. All you need to do is sign up for free and you will have access to this and more than 700 other methods and tools.

You would like to have access to more than 700 Methods for better Workshops, Innovation Projects und sustainable Meetings - testet and described by Innovation Professionals from all over the world?

Sign up for free and start right now!