Daniele Archibugi Developing the Schumpeterian legacy, the school of the Science Policy Research Unit of the University of Sussex further detailed the importance of creative destruction. In particular, new technologies are often incompatible with the existing productive regimes and will bankrupt companies and even industries that change too slowly. Chris Freeman and Carlota Perez developed these insights.Chris Freeman and Francisco Louça, As Time Goes By: From the Industrial Revolutions to the Information Revolution (Oxford, Oxford University Press, 2001). Carlota Perez, Technological Revolutions and Financial Capital. The Dynamics of Bubbles and Golden Ages, (Cheltenham Glos, Edward Elgar, 2003). More recently, Daniele Archibugi and Andrea Filippetti associated the 2008 economic crisis with the slow-down of opportunities offered by information and communication technologies (ICTs).Daniele Archibugi and Andrea Filippetti, Innovation and Economic Crisis Lessons and Prospects from the Economic Downturn, (London, Routledge, 2013). Archibugi used the 1982 film Blade Runner as a metaphor to argue that of the innovations shown, all those associated with ICTs have become part of everyday life. However, none in the field of biotechnology have been fully commercialized. A new economic recovery will occur when some key technological opportunities are identified and sustained.
Daniele Archibugi Developing the Schumpeterian legacy, the school of the Science Policy Research Unit of the University of Sussex further detailed the importance of creative destruction. In particular, new technologies are often incompatible with the existing pro:ductive regimes and will bankrupt companies and even industries that change too slowly. Chris Freeman and Carlota Perez developed these insights.Chris Freeman and Francisco Louça, As Time Goes By: From the Industrial Revolutions to the Information Revolution (Oxford, Oxford University Press, 2001). Carlota Perez, Technological Revolutions and Financial Capital. The Dynamics of Bubbles and Golden Ages, (Cheltenham Glos, Edward Elgar, 2003). More recently, Daniele Archibugi and Andrea Filippetti associated the 2008 economic crisis with the slow-down of opportunities offered by information and communication technologies (ICTs).D!aniele Archibugi and Andrea Filippetti, Innovation and Economic Crisis Lessons and Prospects from the Economic Downturn, (London, Routledge, 2013). Archibugi used the 1982 film Blade Runner as a metaphor to argue that! of the innovations shown, all those associated with ICTs have become part of everyday life. However, none in the field of biotechnology have been fully commercialized. A new economic recovery will occur when some ,key technological opportunities are identified and sustained.