| I have embarked on a joint venture with a colleague who I have worked with for several decades. What we are doing with that piece of work is to define how investments are affected by Long Waves, particularly at this juncture as seen by the immense market volatility. Therefore if you are seeking for strategies for use with your investments, I recommend our website http://longwaveriders.com/.
If you are here to understand how the modern or current Long Wave Model functions then by all means please read on.
K-Waves or Long Waves or Kondertiev's describe the state of development and diffusion in core technologies which power the economy. K-waves are a techno-economic statement which describes how core the core technologies are being consumed and used in the economy and how that consumption affects economic expansion.
So what does a K-wave look like? The following image is Carlota Perez's 2002 refinement in K-wave modeling. It follows below. To be clear I am not referencing the original legacy Kondratieff model. You may review this link - kwaves.com which lays out Nikolai's original model dating back to 1926. That old long wave model is not what we are using within this model (we rely on the latest Perez update in Long Wave theory). We will talk about the successive phases in a k-wave, taking each phase separately therefore don't worry if the chart means very little to you when you first see it. It is merely reference for you to look at while we walk through the phase descriptions.
The first half of the K-wave is called the Installation period. This part of the K-wave is driven by the investors. We will start our discussion of the k-wave there.
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