Technological Megacycle and Technological Forecasts

DOI: https://doi.org/10.33917/es-6.186.2022.66-75

Technological forecasts are intended to serve as a guide for business and government authorities. However, post factum they often demonstrate a low instrumental value. The authors propose to use the technological megacycle concept as a methodological “framework” for forming technological forecasts. The article provides empirical evidence of the expediency of such approach in long-term forecasting.

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