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when one technology substitutes for another, for a given market. When innovation generates new uses - new markets - it does … not result in technological competition. <p> Schumpeter's "creative destruction" is based on extreme examples of the … market distinct from that threatened. <p> Through a review of cases it is argued that the degree to which innovation is …
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This paper compares and contrasts the contributions of Joseph Alois Schumpeter and Josef Steindl to the competitive … firm. Instead they both opt for a dynamic framework in which there is a key role for innovation. Differences emerge in …
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conceptualizing service innovation as a specific case of service development with a reference to Schumpeter, but not as strict as …The identification of innovation in service firms is problematic since there is no consensus of opinion on its … conceptualization. Recent papers suggest both distinctive features of innovation in services and distinctive types of service innovation …
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's writings. The dynamic of capitalism is therefore founded on innovation, a function assumed, according to Schumpeter, by the …Le retour de la figure de l'entrepreneur s'appuie notamment sur les travaux de Schumpeter. La dynamique du capitalisme … se fonde ainsi sur l'innovation, fonction assumée par l'entrepreneur chez cet auteur. Mais l'agent économique endossant …
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The present study examines the importance of Schumpeterian profits in the United States economy. Schumpeterian profits are defined as those profits that arise when firms are able to appropriate the returns from innovative activity. We first show the underlying equations for Schumpeterian...
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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 …
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of the finance-innovation nexus, analyzing the feed-back effects between the real and financial sides of the economic … technological change, demand and finance along the structural change process triggered by technological innovation. Copyright …
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