Their launch and acceleration is usually driven by an all-pervasive low-cost input, for instance, an important material, source of energy or technical component.

[4] Perez derives the revolutionary nature of these technologies from their ability to shape behaviour beyond their industries of origin and reach widespread diffusion.

The amalgamation of new dynamic industries, propelled by new cheap inputs, products and processed, form a new engine of growth for the whole economy, according to Perez.

[4] In the book, a Techno-Economic Paradigm refers to the gradually resulting best-practice framework characterized by the attributes of the Technological Revolution and corresponding organizational set-ups.

These principles embody the most efficient methods for conducting business in the context of the particular technological innovations and leveraging them to modernize the broader economy.

Once widely adopted, these principles form the foundational "common sense" for organizing activities and structuring institutions across diverse sectors.

[5] Production capital encompasses the industries, businesses, and infrastructure that adopt and implement new technologies, transforming them into tangible economic output, particularly during the deployment phase.

A Foreign Affairs review said "A broad-sweep 'think piece' in the Schumpeterian spirit, this book discusses the relationship between major technological innovations and financial booms and busts.

[7] In 2009, Wolfgang Drechsler, Reiner Kattel and Erik S. Reinert honoured Carlota Perez with a volume of essays titled Techno Economic Paradigms.