Sergey DmitrievPublished in:
Creative Economy
– № 1 / January, 2012



Keywords: economy crisis, global economy, Great Depression, innovations, S&P 500 investments


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Abstract:

Article analyzes historical experience of innovation activity implementation in periods of economic crisises, especially in period of Great Depression in USA. Base on described examples author sounds idea that reduction of innovation activity in crisis period could be the mistaken arrangement which could be the reason of company’s competitive advantages loss in future.

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