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Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages

Posted By: thingska
Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages

Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages by Carlota Perez
English | 2002 | ISBN: 1840649224, 1843763311, 9781840649222, 9781843763314 | 224 Pages | PDF | 1.50 MB

'This book should be required reading in any senior - or graduate-level course on development economics, management of technology, S&T policy analysis and development, and related subjects. It will be of interest to policy analysts and developers, financial analysts, and others concerned with national, regional, local and global systems of innovation. Perez provides a fresh analysis of technological, financial and social booms and busts in an engaging and refreshing way. The book weaves a compelling new fabric of observation and theory, and shows that something can be done to learn from, anticipate, and deal constructively with, the tribulations of inter-linked technological, economic and social change. It does so concisely and in an idiom that bridges abstract economic theory with tangible human history and experience. If it is brought to their attention - as it should be - this compact book will give hope to those scholars, students and policy analysts who wonder what really happened in the cybertechnolgy/internetgold-rush prior to 2001 and what could possibly lie ahead.'- Morley Lipsett, Science and Public Policy'Carlota Perez s thoughtful book. . . does an excellent job of showing the interplay between innovation and capital markets. Her theory is based on Schumpeterian economics - change is more important than equilibrium - and substantial empirical data.