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In neoclassical thinking, insufficient development is considered the result of a lack of resources, and an inefficient allocation. Deregulated markets have to guarantee a better allocation of resources as well as a net resource inflow to augment the domestic physical capital stock. From a...
Persistent link: https://www.econbiz.de/10014363083
development emphasized by Marx, i.e. the social conflict regime (Section 3) and the crisis regime (Section 4). Finally, an …
Persistent link: https://www.econbiz.de/10014503976
different value-theoretic modules in terms of their ability to explain economic evolution. With this perspective, the dynamic …
Persistent link: https://www.econbiz.de/10014503989
characterize entrepreneurship, its motivations, knowledge and capacity for innovation. A participant observation was carried out … Schumpeterian condition. This paper advances in theoretical knowledge by identifying that the Schumpeterian innovation of this … in places in which knowledge is disseminated as innovation. …
Persistent link: https://www.econbiz.de/10013328835
themselves towards an analyzing profile, that invests on machinery, but due to the crisis and the permanent evolution of the …
Persistent link: https://www.econbiz.de/10011536961
, where he was able to attend Schumpeter's lectures from 1948 to 1950. During this period, Sylos Labini read Schumpeter … aspects of Schumpeter's business cycle theory to which Labini draws attention. In the last section, I present Sylos Labini …
Persistent link: https://www.econbiz.de/10011891953
Joseph A. Schumpeter developed a very well-known theory of entrepreneurs and entrepreneurship, centred on the concept … of ‘new combinations’. According to him, innovation and entrepreneurship are destructive elements driving the system … Austrian, Schumpeter was never a member of the Austrian School of Economics. However, his position as regards entrepreneurship …
Persistent link: https://www.econbiz.de/10011892402
Supporters of the Austrian School of Economics and a number of empirical studies have claimed that the increasing number of "zombie" companies is a supply-side reason for the low growth rates in Europe. Often, these studies cite empirical findings for Japan to justify their claims, and conclude...
Persistent link: https://www.econbiz.de/10014523490
, secondly, the activities, network structure, and interactions in the innovation and production system. The authors discuss ins …
Persistent link: https://www.econbiz.de/10011422829
are far from being exploited. Building on contributions from Schumpeter and Georgescu-Roegen, we argue that the human … recently developed concept of Dedicated Innovation Systems (DIS). We conclude that traditional macro-level indicators are not …
Persistent link: https://www.econbiz.de/10012620225