Technological revolutions and techno-economic paradigms

Carlota Perez

The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics from TUT Ragnar Nurkse Department of Innovation and Governance

Abstract: This paper locates the notion of technological revolutions in the Neo- Schumpeterian effort to understand innovation and to identify the regulari- ties, continuities and discontinuities in the process of innovation. It looks at the micro- and meso-foundations of the patterns observed in the evolution of technical change and the interrelations with the context that shape the rhythm and direction of innovation. On this basis, it defines technological revolutions, examines their structure and the role that they play in rejuve- nating the whole economy through the application of the accompanying techno-economic paradigm. This over-arching meta-paradigm or shared best practice .common senseÿ is in turn defined and analysed in its compo- nents and its impact, including the influence it exercises on institutional and social change.

Pages: 26 pages
Date: 2009-01
New Economics Papers: this item is included in nep-ino and nep-pke
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Citations: View citations in EconPapers (50)

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