Showing 1 - 10 of 815
The paper discusses the relationship between Arthur Spiethoff and Joseph A. Schumpeter, the men and their works. Had it … not been for Spiethoff Schumpeter would in all probability have forever been lost to scientific work. It was Spiethoff who … Schumpeter's are pointed out. The view of Spiethoff and Schumpeter that cycles are endogenous and cannot possibly be eliminated …
Persistent link: https://www.econbiz.de/10008596371
Since Lėon Walras neoclassical economists hold an inalterable belief in a unique and stable equilibrium for the economic system, which remains to this day unobservable. Yet that belief is the corner stone of other theories such as the ‘Efficient Market Hypothesis’ as well as the philosophy...
Persistent link: https://www.econbiz.de/10011111254
innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to …
Persistent link: https://www.econbiz.de/10009370827
Schumpeter’s idea that innovations can be described as new combinations often is understood as a mere metaphor and … proper understanding of these issues would not only enhance our knowledge about observed innovation processes in economic …
Persistent link: https://www.econbiz.de/10008805477
exogenous technological change but by repeatedly leapfrogging their competitors through product and process innovation. This … shifts the focus from the mechanical production process to the collaborative innovation process, which requires social …
Persistent link: https://www.econbiz.de/10005619285
Schumpeter’s definition): from interaction between consumers and firms innovation emerges as a relational good. … techniques in social science and economics as a way to investigate complexity. The model investigates the dynamics of a …
Persistent link: https://www.econbiz.de/10005787108
capitalism. One is already published (The Bourgeois Virtues: Ethics for an Age of Commerce 2006), and this is volume 2. Volume 3 … innovation after 1848; and volume 6 asks which of the present-day complaints about free-market economies has merit. Since the … that innovation has destroyed the environment. Both left and right are suspicious of the modern world, often for the same …
Persistent link: https://www.econbiz.de/10008528732
The reasons why inventions that shaped industrial revolutions, occurred in the UK and in the USA, have been suggested … by economic historians. For the first time,we access the determinants of more than a hundred inventions around the world … effects and dismiss the importance of education as triggers of inventions. Geographic and genetic distance from the UK and the …
Persistent link: https://www.econbiz.de/10011258812
of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which … (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and …
Persistent link: https://www.econbiz.de/10008876897
this situation is represented by investments in innovation: guarantees and other elements related to the credit market have …
Persistent link: https://www.econbiz.de/10011130311