FRACTAL ASPECTS OF NATURAL GROWTH

Authors
Citation
T. Modis, FRACTAL ASPECTS OF NATURAL GROWTH, Technological forecasting & social change, 47(1), 1994, pp. 63-73
Citations number
12
Categorie Soggetti
Business,"Planning & Development
ISSN journal
00401625
Volume
47
Issue
1
Year of publication
1994
Pages
63 - 73
Database
ISI
SICI code
0040-1625(1994)47:1<63:FAONG>2.0.ZU;2-G
Abstract
The work presented here puts forward a fractal aspect of natural growt h. The S-shaped pattern of a logistic function is analyzed in terms of several constituent logistic functions. The approach sheds light on t wo familiar phenomena: the undulatory evolution of growth, which gives rise to an alternation between high- and low-growth periods, and the increasingly noticeable shrinking life cycle of products. There are so me economic and political implications for the European nations. A qua ntitative example is given for computer sales from Digital Equipment C orporation. The approach is further generalized to suggest that any gr owth process can be analyzed in terms of natural-growth subprocesses. Applied to human growth this analysis yields precise definitions for t he timing of transitions such as babyhood to childhood, and childhood to adolescence.