Economist:Carlota Perez: Difference between revisions
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=== On Innovation Cycles and Market Bubbles === | === On Innovation Cycles and Market Bubbles === | ||
"Each technological revolution has two distinct periods: installation and deployment, separated by a turning point usually in the form of a crash."<ref name="ref_2002_p47_1">Carlota Perez, ''Technological Revolutions and Financial Capital'' (2002), p. 47, Edward Elgar Publishing</ref> | |||
=== On Innovation Cycles and Market Bubbles === | === On Innovation Cycles and Market Bubbles === | ||
"Financial capital and production capital have different behaviors and different time horizons."<ref name="ref_2002_p71_1">Carlota Perez, ''Technological Revolutions and Financial Capital'' (2002), p. 71, Edward Elgar Publishing</ref> | |||
=== On Creative Destruction in AI Era === | === On Creative Destruction in AI Era === | ||
"We are now in the deployment phase of the ICT revolution, which requires a shift from financial to production capital."<ref name="ref_2009_p779_1">Carlota Perez, ''Cambridge Journal of Economics'' (2009), p. 779</ref> | |||
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=== On AI Governance and Regulation === | === On AI Governance and Regulation === | ||
"Golden ages require the state to shape markets, not just fix them."<ref name="ref_2020_1">Carlota Perez, ''Project Syndicate'' (2020), April 13, 2020, "After the Pandemic: A Green and Golden Opportunity"</ref> | |||
=== On Innovation Cycles and Market Bubbles === | === On Innovation Cycles and Market Bubbles === | ||
"Technological revolutions have a lifecycle: irruption, frenzy, synergy, and maturity."<ref name="ref_2002_p30_1">Carlota Perez, ''Technological Revolutions and Financial Capital'' (2002), p. 30, Edward Elgar Publishing</ref> | |||
=== On Productivity Paradox in Digital Age === | === On Productivity Paradox in Digital Age === | ||
"The deployment period is when the real benefits of the revolution spread across society."<ref name="ref_2016_p12_1">Carlota Perez, ''Beyond the Technological Revolution'' (2016), p. 12</ref> | |||
Revision as of 20:39, 12 August 2025
Carlota Perez
Biography
Venezuelan-British scholar specializing in technology and socio-economic development.
School of Thought
Neo-Schumpeterian Economics
Notable Quotes
On Innovation Cycles and Market Bubbles
"Each technological revolution has two distinct periods: installation and deployment, separated by a turning point usually in the form of a crash."[1]
On Innovation Cycles and Market Bubbles
"Financial capital and production capital have different behaviors and different time horizons."[2]
On Creative Destruction in AI Era
"We are now in the deployment phase of the ICT revolution, which requires a shift from financial to production capital."[3]
References
Additional Notable Quotes
On AI Governance and Regulation
"Golden ages require the state to shape markets, not just fix them."[1]
On Innovation Cycles and Market Bubbles
"Technological revolutions have a lifecycle: irruption, frenzy, synergy, and maturity."[2]
On Productivity Paradox in Digital Age
"The deployment period is when the real benefits of the revolution spread across society."[3]