Economist:Carlota Perez
Carlota Perez[edit]
Biography[edit]
Venezuelan-British scholar specializing in technology and socio-economic development.
School of Thought[edit]
Neo-Schumpeterian Economics
Notable Quotes[edit]
On Innovation Cycles and Market Bubbles[edit]
"Each technological revolution has two distinct periods: installation and deployment, separated by a turning point usually in the form of a crash."[1] "Financial capital and production capital have different behaviors and different time horizons."[2]
On Creative Destruction in AI Era[edit]
"We are now in the deployment phase of the ICT revolution, which requires a shift from financial to production capital."[3]
On AI Governance and Regulation[edit]
"Golden ages require the state to shape markets, not just fix them."[4]
On Innovation Cycles and Market Bubbles[edit]
"Technological revolutions have a lifecycle: irruption, frenzy, synergy, and maturity."[5]
On Productivity Paradox in Digital Age[edit]
"The deployment period is when the real benefits of the revolution spread across society."[6]
References[edit]
- ↑ Carlota Perez, Technological Revolutions and Financial Capital (2002), p. 47, Edward Elgar Publishing
- ↑ Carlota Perez, Technological Revolutions and Financial Capital (2002), p. 71, Edward Elgar Publishing
- ↑ Carlota Perez, Cambridge Journal of Economics (2009), p. 779
- ↑ Carlota Perez, Project Syndicate (2020), April 13, 2020, "After the Pandemic: A Green and Golden Opportunity"
- ↑ Carlota Perez, Technological Revolutions and Financial Capital (2002), p. 30, Edward Elgar Publishing
- ↑ Carlota Perez, Beyond the Technological Revolution (2016), p. 12