Schumpeter, Joseph A. (1883–1950)
Bibliographic Data
| ID | 22367165 |
|---|---|
| Authors | Dieter Bogenhold (0000-0003-2893-3534, University of Klagenfurt, corresponding author) |
| Year | 2018 |
| Pages | 1-3 |
| Publication date | 2018-05-11 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | OTHER |
| Venue | The Blackwell Encyclopedia of Sociology (JOURNAL) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781405165518.wbeoss034.pub2 |
| OpenAlex | W4243720907 |
| ISBN | 9781405165518 |
| Language | EN |
| References cited | 7 |
Joseph A. Schumpeter (1883–1950) was an Austrian economist who had professorships in Austria and Germany before joining Harvard University in the early 1930s, where he spent the rest of his career. Although Schumpeter is widely classified as one of the world's most eminent economists of the twentieth century, his works fall into further thematic areas from today's point of view; over a time span of nearly 50 years Schumpeter published numerous articles and books. Schumpeter is regarded as one of the pioneers of evolutionary economics. He viewed capitalism as a form or method of economic change and his Capitalism, Socialism, and Democracy contains the famous expression “creative destruction,” which has to be seen in a wider context of innovation and entrepreneurship for which Schumpeter is well known. He defined an entrepreneur as a person who comes up with new combinations (new goods, new methods of production, new markets, new sources of supply, new organizations of any industry, or combinations between these), which are commonly called innovation
Capitalism · Creative destruction · Economics · Economy · Entrepreneurship · Neoclassical economics · Political science · Politics · Socialism · Economic Theory and Institutions · History · Law · Finance
| Citation velocity | historical |
|---|---|
| Highly cited | No |