what is techno-economic.
Techno-economic paradigm -shifts are at the core of general, innovation-based theory of economic and societal development as conceived by Carlota Perez. Her book on the subject, ‘Technological Revolutions and Financial Capital’, is a seminal enunciation of the theory, and has had immense influence on business strategy, state development programs and policy, and academic thinking on the subject.
‘Techno-Economic Paradigms’ presents a series of essays by the leading academics in the field discussing the theory of techno-economic paradigm shifts, and its role in explaining processes of innovation and development. This festschrift honours Carlota Perez, the founder of the theory 'techno-economic paradigm shifts.
how can one develop from it.
The Finnish urban regions are used as the source of empirical data in this study. All Finnish urban regions are assessed based on the adaptability indicator and further on, the values of the adaptability indicator are compared to the respective values of indicators describing the economic success of the same regions.. Admittedly, the adaptability indicator does not describe the studied phenomenon completely, it might even be considered provocative. However, it gives some interesting results about the different kinds of development trajectories of urban regions, and gives valuable information for regional decision-making.
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