Economics, Econometrics and Finance
8 years ago

Unleashing the Power of Innovation: Schumpeter's Impact on Capitalism.

Schumpeter's Evolutionary Economics: A Theoretical, Historical and Statistical Analysis of the Engine of Capitalism
Esben Sloth Andersen

Paper Summary

This article breaks down Schumpeter's ideas on how new ideas and businesses drive the economy. It looks at his main works in detail to understand his thoughts on innovation and change in capitalism.

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