David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Purpose - The paper seeks to examine the influence of the Austrian School of Economics and its views of innovations and entrepreneurship on one of their champions, Joseph Schumpeter. Schumpeter's insights on innovation and entrepreneurship issues are discussed and compared to previous literature.Design/methodology/approach - The paper is conceptual in nature, highlighting that the key process in economic change is the introduction of innovations; the central innovator is that of the entrepreneur.Findings - Insights gained from Schumpeter include the following: in the context of increasing global competition, the importance of innovations by entrepreneurs is becoming more important. The challenge though is for firms to find and make use of these individual for their survival. Another link is the distrust of the government and the ability of the free market to function, though imperfectly, without interference. Originality/value - The paper suggests that innovation and entrepreneurship are the essence of the capitalist society. Entrepreneurs contribute to society as a whole by introducing new products/services that often are contradictory to institutional norms.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Geoffrey R. Archer (2010). Nature's Bounty. Proceedings of the International Association for Business and Society 21:98-104.
Nicholas Dew & Saras D. Sarasvathy (2007). Innovations, Stakeholders & Entrepreneurship. Journal of Business Ethics 74 (3):267 - 283.
Nancy C. Roberts (2006). Public Entrepreneurship as Social Creativity. World Futures 62 (8):595 – 609.
Benoît Godin (2010). Innovation Without the Word: William F. Ogburn's Contribution to the Study of Technological Innovation. [REVIEW] Minerva 48 (3):277-307.
John R. Shook (2003). Entrepreneurship and Values in a Democratic and Pragmatic Economics: Commentary on 'A Transactional View of Entrepreneurship'. Journal of Economic Methodology 10 (2):181-190.
Harry F. Dahms (1995). From Creative Action to the Social Rationalization of the Economy: Joseph A. Schumpeter's Social Theory. Sociological Theory 13 (1):1-13.
George G. Brenkert (2002). Entrepreneurship, Ethics, and the Good Society. The Ruffin Series of the Society for Business Ethics 2002:5-43.
Morgan P. Miles, Linda S. Munilla & Jeffrey G. Covin (2002). The Constant Gardener Revisited: The Effect Ofsocial Blackmail on the Marketing Concept,Innovation, and Entrepreneurship. [REVIEW] Journal of Business Ethics 41 (3):287 - 295.
Jerry Z. Muller (1999). Capitalism, Socialism, and Irony: Understanding Schumpeter in Context. Critical Review 13 (3-4):239-267.
Agnès Festré & Pierre Garrouste (2008). Rationality, Behavior, Institutional, and Economic Change in Schumpeter. Journal of Economic Methodology 15 (4):365-390.
Saras D. Sarasvathy (2002). Entrepreneurship As Economics With Imagination. The Ruffin Series of the Society for Business Ethics 2002:95-112.
Manfred Prisching (1995). The Limited Rationality of Democracy: Schumpeter as the Founder of Irrational Choice Theory. Critical Review 9 (3):301-324.
Jeffrey R. Cornwall & Michael J. Naughton (2003). Who Is the Good Entrepreneur? An Exploration Within the Catholic Social Tradition. Journal of Business Ethics 44 (1):61 - 75.
Daniel R. Gilbert Jr (2002). Ethics, Management, and the Existentialist Entrepreneur. The Ruffin Series of the Society for Business Ethics 2002:113-124.
Added to index2011-07-15
Total downloads2 ( #366,722 of 1,102,135 )
Recent downloads (6 months)1 ( #306,622 of 1,102,135 )
How can I increase my downloads?