Theoretical Framework
Technological revolutions, financial bubbles and crises, economic and socio-institutional change

“Capitalism, Technology and a Green Global Golden Age: The Role of History in Helping to Shape the Future” in Mazzucato and Jacobs eds 2016

“From long waves to great surges: continuing in the direction of Chris Freeman’s 1997 lecture on Schumpeter’s business cycles” EJESS 2015

"Unleashing a golden age after the financial collapse: Drawing lessons from history". - EIST 2013

"Financial bubbles, crises and the role of government in unleashing golden ages". (WP Finnov No. 2-2012) In Pyka and Burfghof 2013

"The financial crisis and the future of innovation: A view of technical change with the aid of history". In van Tilburg et al. 2011 (WP TOC/TUT No. 28) Feb, 2010

"Technological Revolutions and Techno-economic paradigms". in CJE Vol. 34, No.1 2010

"The double bubble at the turn of the century: technological roots and structural implications". (WP CERF No. 31-2009) CJE Apr, 2009

WP: "Great surges of development and alternative forms of globalization". WP TOC/TUT No. 15 Jul, 2007

WP: "Respecialisation and the deployment of the ICT paradigm: An essay on the present challenges of globalisation". in Compaño et al. EU 2007

"Finance and technical change: A long-term view". In Hanusch and Pyka 2004 (WP CERF No. 14) 2004

Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages. London: Elgar 2002

"Structural Crises of Adjustment, Business Cycles and Investment Behaviour". (with C. Freeman) in Dosi et al 1988

"The new technologies: An integrated view". (TOC/TUT WP No. 19-2009) English translation from Spanish original Jul, 1986

"Structural Change and Assimilation of New Technologies in The Economic and Social Systems". Futures Oct, 1983




Published 2002

'...the book fills an important gap in the literature on business cycles and innovations. I most strongly commend it to all those attempting to understand the past and future evolution of technology and the economy.'

Christopher Freeman, Emeritus Professor, SPRU,
University of Sussex, UK

'...Carlota Perez shows us that historically technological revolutions arrive with remarkable regularity, and that economies react to them in predictable phases. Her argument provides much needed perspective not just on history, but on our own times. And especially on our own information revolution.'

W. Brian Arthur, Santa Fe Institute, New Mexico

‘For contents page, selected extracts and further details, click here’.

Technological Revolutions Financial bubbles Installation Period Frenzy Deployment Period Golden Ages Dual strategy Techno‑economic paradigms Neo‑Schumpeterian Respecialization Synergy Turning Point Future markets Knowledge society Green growth Maturity Full global development Globalization Sustainability Socio‑economic development Paradigm shifts Irruption Market hyper‑segmentation