Sublime

Carlota was born in Venezuela in 1939. Her first career there was as a civil servant specialized in energy and innovation policy[34]. Later in life, she switched to academia, settling in the UK where she started to focus on the relationship between technological change and financial markets. Almost by coincidence, her only book to date, Technologic

It has since triggered a positive feedback loop. A significant part of the venture capital community has adopted Carlota’s system as the bedrock of their investment theses. In turn, investors echoing Carlota’s ideas in their day-to-day practices have had the effect of getting her even more interested in technology. As of now, Carlota has become one

As explained by Carlota Perez, each techno-economic paradigm involves a new understanding of the current means of production and consumption. In turn, it imposes a new way of life and thus calls for new institutions. Only with a new “socio-institutional framework”[72] in line with the new age can society enter a period marked by the redistribution

Lehman Brothers

Entrepreneurs always play a key role in the installation period of a technological revolution. They’re the ones who seize technology as an opportunity to discover new models. This is why, according to Carlota Perez, “all installation periods are led by finance and free markets as innovation focuses on setting up the new infrastructure, letting mark

crisis of government in