The author claims that J. Kornai in his paper "Innovation and Dynamism" (Voprosy Ekonomiki. 2012. No 4) ignored the … between Schumpeter’s theory and mainstream economic models. Evolutionary theory, he claims, may itself become mainstream if … Schumpeter’s legacy is not interpreted straightforwardly and if evolutionary economists ­consider not only micro-, but also macro …

In a recent paper, Matthias Kelm (1997) accepts that `Schumpeter's definition of evolution does not contain any … Darwinian mechanism such as natural selection or any other biological concept' and that Schumpeter `made no such attempt' to … apply `Darwinian theory to economic evolution'. However, Kelm goes on to argue that Schumpeter would have been a Darwinian …