Editing Creative destruction (section)

===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. [[Christopher Freeman|Chris Freeman]] and [[Carlota Perez]] developed these insights.<ref>[[Christopher Freeman|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).</ref> 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).<ref>Daniele Archibugi and Andrea Filippetti, [https://www.routledge.com/Innovation-and-Economic-Crisis-Lessons-and-Prospects-from-the-Economic/Archibugi-Filippetti/p/book/9780415602280 ''Innovation and Economic Crisis Lessons and Prospects from the Economic Downturn''], (London, Routledge, 2013).</ref> 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.<ref name=Archibugi2017>{{cite journal |last1=Archibugi |first1=Daniele |title=Blade Runner economics: Will innovation lead the economic recovery? |journal=Research Policy |date=April 2017 |volume=46 |issue=3 |pages=535–543 |doi=10.1016/j.respol.2016.01.021 |url=https://eprints.bbk.ac.uk/id/eprint/18837/6/18837.pdf }}</ref>

{{Blockquote|Technological opportunities do not enter into economic and social life without deliberate efforts and choices. We should be able to envisage new forms of organization associated with emerging technology. ICTs have already changed our lifestyle even more than our economic life: they have generated jobs and profits, but above all they have transformed the way we use our time and interact with the world. Biotech could bring about even more radical social transformations at the core of our life. Why have these not yet been delivered? What can be done to unleash their potential? There are a few basic questions that need to be addressed.<ref name=Archibugi2017/>
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