1Sustainable Finance and TechnologyMaking the Connection

Herman Bril, Georg Kell, and Andreas Rasche

DOI: 10.4324/9781003262039-1

Introduction

The last quarter of the twentieth century witnessed the transformational and intertwined rise of two forces: the information and communication technology (ICT) revolution and the financialization of the economy. Carlota Perez (2002: ix) demonstrated that

very big changes in technology entailed not just the extraordinarily rapid growth of a few new industries, but also, over more prolonged period, the rejuvenation of many old industries, which found ways to use the new technology, influenced by the new industries, called the techno-economic paradigm.

Also, she pointed out that any transformation in ...

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