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11 Answers to timely topics
1.- Development provides the best market for advanced countries
2.- From cheap oil to cheap data
3.- From inside modernization focus to outside demand focus
4.- From inside modernization to focus on demand
5.- Three major directions in innovation
6.- Triple Helix: government, university and business interacting
7.- Small Knowledge-Intensive Enterprises: crucial for competitiveness of countries
8.- In the midst of ICT revolution; next revolution 15-30 years out
9.- Features to recognize a technological revolution
10.- Role of state in future direction: demand volume and direction
11.- Need to change the aspirational patterns of consumption and lifestyles
31 Answers in a timeless interview in Freedom Lab, Amsterdam 2008
1.- The current innovation potential for growth as seen by the theory of great surges (rather than long waves)
2.- Great surges as societal processes rather than just innovation cycles
3.- Schumpeter’s blinkers to how technologies evolve and to the role of the State
4.- Schumpeter “uniquely among economists” sees concrete technology clusters as drivers of growth
5.- Using up the potential of each technological revolution
6.- Paradigm shifts: no eternal truths Economics is not Physics. We need a theory of change
7.- Recurrence and uniqueness comparing the depression of the 1880s with the stagflation of the 1980s
8.- Recurrence and uniqueness: the current situation with finance decoupled from the production economy
9.- The financial system: Does it need to get worse before it can get better get better ?
10.- It’s the young who tend to be the innovators, they create the new paradigm and reveal the new potential
11.- It’s easy to predict within a paradigm but it’s difficult to predict the next revolution
12.- Real free market dynamics exists only in frenzy periods
13.- The solution for the environmental problem ? Divorce ICT from mass production !
14.- Falling hegemonies: driven by national strategies
15.- Leaving behind the mass consumption model for a variety of cultural identities and lifestyles
16.- On the relationship between income distribution and markets for different technological revolutions
17.- Social forces shape technology from the range of the possible within the logic of the paradigm
18.- The old national economies and the new global corporations
19.- The future is present today; that’s why prediction is possible
20.- The shift to a next revolution requires breakthrough innovations
21.- Logic of each paradigm shapes the attitudes of each generation
22.- Perez’ Theory of Great Surges: The Irruption Phase of the Installation period
23.- Perez’ Theory of Great Surges: The Frenzy Phase of the Installation period
24.- Perez’ Theory of Great Surges: The Turning Point
25.- Perez’ Theory of Great Surges: The Synergy phase of the Deployment period
26.- Perez’ Theory of Great Surges: The Maturity Phase of the Deployment period
27.- Perez’ Theory of Great Surges: The four phases of the sequence
28.- Perez’ Theory of Great Surges: financial capital and production capital
29.- Core and Periphery: Installation and Deployment
30.- Road to development for Latin America: Natural resources plus technology in a socially inclusive model
31.- Without programs to change financial incentives the golden age will not happen