Carlota Perez (CARPEREZ.ORG)

"Technological Revolutions,
Paradigm Shifts
and Socio-Institutional Change"
in E.Reinert, ed. (2004) Globalization,
Economic Development
and Inequality:
An alternative Perspective
PP. 217-242
Edward Elgar
Cheltenham, 2004
ISBN: 1 85898 891 8

Based on the original German, "Neue Technologien und sozio-institutioneller Wandel", in H. THOMAS and L. NEFIODOW (Eds.), Kondratieffs Zyklen der Wirtschaft, BusseSeewald Herford, 1998, Germany pp.17-51
ISBN : 3-512-03177-3

Technological revolutions,
paradigm shifts and socio-institutional change

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	INTRODUCTION
	UNDERSTANDING TECHNOLOGY AND ITS MODE OF EVOLUTION Inventions, innovations and diffusion Incremental and radical innovations Birth, development and stagnation of a technology Technological systems as paths for radical innovations Self-reinforced processes of growth and exhaustion Technological revolutions as rejuvenation of all systems
	TECHNO-ECONOMIC PARADIGMS AS COMMON SENSE MODELS TRANSFORMING THE PRODUCTIVE SPHERE A cheap input as vehicle of diffusion Diffusion is self-reinforced A new paradigm as a quantum jump in potential productivity for all A techno-economic paradigm as an overarching logic for the technology systems of a period Difficult assimilation: The shaping of a paradigm takes decades
	STRUCTURAL CHANGE IN THE ECONOMY AND SOCIO-INSTITUTIONAL INERTIA Institutional inertia: The upswing delayed The example of the previous socio-institutional framework Long waves as coupling and decoupling of the system
	TECHNO-ORGANISATIONAL PARADIGMS AS GUIDELINES FOR CHANGE IN THE SOCIO-INSTITUTIONAL SPHERE The wide space of the possible The notion of a paradigm can be understood on three levels General principles: Many forms of application The politics of transition
	BIBLIOGRAPHY