Joseph Schumpeter’s views on innovation, entrepreneurship and creative destruction are widely cited in many fields of the social sciences, and are influential in policy and decision making, yet they have often been misinterpreted and misunderstood. ‘Schumpeter’s Evolutionary Economics’ fills this void of analysis by introducing novel interpretations of Schumpeter’s five major works, and tracing the development of his intellectual theory and framework. In so doing it places our understanding of Schumpeter on a new and firmer footing. Esben Sloth Andersen was awarded the Gunnar Myrdal Prize for 2010 for ‘Schumpeter’s Evolutionary Economics’. The Myrdal Prize is awarded annually for the best monograph on a theme broadly in accord with the research perspectives of the European Association for Evolutionary Political Economy.
First Published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.
This collection of essays offers a fresh and challenging interpretation which departs from the received views of two giants among the greatest economists of all times.
Essays in Social Value Theory: A Neoinstitutionalist Contribution. Armonk, NY: M.E. Sharpe. Veblen, T. 1899. The Theory of the Leisure Class: An Economic Study of the Evolution of Institutions. New York: B.W. Huebsch. Veblen, T. 1914.
This book examines Schumpeter's dramatic theory of social and economic evolution as the pivot of his life and work, resolving apparent paradoxes and clarifying Schumpeter's challenges to economists and other social scientists.
This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary ...
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium.
This text is essential reading for scholars and students of Schumpeter, evolutionary economics, post-Keynesian economics, institutional economics and all economists interested in the ontological, methodological and theoretical challenges ...
The book also illustrates the potential of neo-Schumpeterian economics to overcome its so far self-imposed restriction to the domains of technology driven industry dynamics, and to become a comprehensive approach in economics suited for the ...
This volume is of great interest to those who study Schumpeter’s work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.
The expert contributions to this book deal with the future orientation of the subject in terms of innovative performance in the industrial, financial and public sectors.