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Oct 23, 2012 · This article sheds light on the impact of Schumpeter’s Theory of Economic Development over the last 100 years, and identifies insights from that work that are less well-known, but that have the potential for informing current developments in evolutionary economics.
- Markus C. Becker, Thorbjørn Knudsen, Richard Swedberg
- 2012
Schumpeter's documented intellectual influences show that he found significant sources of inspiration outside the circle of econo- mists belonging to the German Historical School.
Oct 30, 2012 · In TED Schumpeter does not discourage the reader from thinking along these lines. However, Schumpeter’s theory of economic development stressed disequilibrium, and creative destruction.
- Richard R. Nelson
- rrn2@columbia.edu
- 2012
The correct policy must have been commitment to development of the state of economy, which Schumpeter called “Dynamics”. In fact, his theory of economic development is the theory how such economy is developed.
- 248KB
- Iurii Bazhal
- 17
- 2016
Jul 17, 2024 · Joseph Schumpeter and Alfred Marshall pioneered the study of innovation and entrepreneurship as key forces of economic development. This article offers an overview of key ideas developed by these influential economists in works published between 1890 and 1944.
Schumpeter's ideas on economic development appeared first in his Theory of Economic Development, which was published in German language in 1911 (The English edition was published in 1934).
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Schumpeter's new article Development is remarkable because it is the only work in which he reconsiders and adds precision to the definition of economic development provided in The Theory of Economic Development, his most important work in economics first published in German in 1911. In the article, Development, Schumpeter for the first and only ...
