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《Science Research Management》 2011-01
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The relationship between technological innovations and business cycles in the transition economy of China

Wu Xiaobo1,Zhang Chaoqun2,Dou Wei3 (College of Management,Zhejiang University,Hangzhou 310058,China)  
The relationship between technological innovations and business cycles in China's transition economy is checked.First,existing relevant literature is reviewed to justify the existence of such relationship;second,statistical data is used to show the characteristics of China's business cycles;third,both GDP and patents data are adopted to explain the relationship between innovations and business cycles on the basis of the literature;fourth,the special transition economy of China is taken as a powerful contextual factor and its effects are studied.It is concluded that technological innovation is the very fundamental cause of business cycles,but institutional innovation is an important conditional factor.Therefore,the recommandations that push forward technological innovation strongly,and make institutions keep pace with are made.
【Fund】: 国家自然科学基金资助项目(70573092);; 中印联合项目INDIA&CHINA(2000-2050)
【CateGory Index】: F273.1;F124.8
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