Abstract

Most prominent works on the subject, including k-wave theory-based research, do not elaborate on the topic of interconnectivity between economy and research on a microeconomic scale, instead of focusing on general innovation theory and macroeconomic stimuli. Present paper aims to discover k-wave theory-based decision making and potential explanation in R&D standoff between the United States, leader of fifth technological paradigm, and China – emerging leader of sixth technological paradigm. Overall conducted research shows fundamental divergence and a variety of interpretations within the framework of the k-wave theory itself, the proposed change in recourse flow stands true which in turn signifies the importance of k-wave theory in the modern decision-making process.

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