The introduction to an analysis of J.A. Schumpeter's "Business Cycles" and its implications for the study of creativity & innovation.

1. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
<< Idea Cycles >>
A Theoretical, Historical and Computational Analysis
CHAPTER ONE

2. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
http://classiques.uqac.ca/

3. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
“In a deeper sense”
no external-internal distinction
Natural / Social / Economic
Difficult question: causes or consequences?
Chance events, but not the only cause:
mixed causation “not easy to interpret”

4. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
Natural / Social / Economic

5. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
Montgolfière style hot air balloon (1783)
The Montgolfiers believed that the balloon was filled with a gas they called
“Montgolfier gas” that had a special property they called “levity”
http://www.start-flying.com/Montgolfier.htm

6. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
“our vision of the evolution of capitalism
must precisely include the opening up
of new ideas as one of its elements
and as a result of the same process
which also produced all the other
economic features of that epoch”

7. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
“in this respect I entirely agree
with Marx that technological
progress is of the very essence
of capitalistic enterprise and
hence cannot be divorced from it”

8. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
Three conclusions
1. No regular contour lines exist. The
economic system is not a pure one.
2. What we know is a distorted form of
capitalism, politically shaped.
3. We need to master the history of the
system: social, political, cultural,
economic and the particular industry

9. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)
Three conclusions
1.Complexity
2.Multiple dimensions
3.Historical trajectory

10. Dr. Ricardo Sosa (sosa.ricardo@gmail.com)