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Joseph Schumpeter lamented that capitalism would not survive because he thought that its defining process—creative destruction—would be overshadowed by large firms. Witnessing the emergence of rising numbers of increasingly large firms, Schumpeter did not think that those responsible for...
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and eastern European countries play an increasing role for financing investment and innovation. Economic catching up of …. Theoretical as well as empirical analyses of savings, private and public investment, and portfolio shifts are presented from a …
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