Thirty years ago, on Monday, October 19, 1987, the US Stock market collapsed. Plunging more than 500 points, the Dow Jones Industrial Average finished the day down 23%, its greatest single day... read more
Carlota Perez is an interdisciplinary researcher and author of “Technological Revolutions and Financial Capital: the Dynamics of Bubbles and Golden Ages”. She currently teaches Technology and Development at the University of Tallinn, Estonia and is a Visiting Senior Fellow at LSE, Visiting Scholar at the Faculty of Economics at Cambridge University as well as a Honorary Professor at SPRU, School of Business, Management and Economics at the University of Sussex.Last updated on 26.11.2012
The rise of social media has led to the emergence of a few companies that wield enormous influence – and have the potential to reap in the benefits of innovation. The current hype is no bubble but a sign of the importance of the internet industry for the 21st century.