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Author: Elias G. Carayannis
Publisher: Palgrave Macmillan
ISBN: 9781403942418
Category : Business & Economics
Languages : en
Pages : 532
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Book Description
This book focuses on "creative destruction" in the context of the knowledge economy and society. It examines the ideas of innovation and entrepreneurship developed by Joseph Schumpeter in the early part of the twentieth century; ideas that challenged the orthodoxy of his peers and continue to be a critical force for developing sustainable advantage among enterprises. The discussions and examples illustrate ideas and provide arguments - for both the academic and practitioner - maintaining that although Schumpeter's concepts were developed over seventy years ago, his theory of "creative destruction" is essential for organizations to survive in the future.
Author: Elias G. Carayannis
Publisher: Palgrave Macmillan
ISBN: 9781403942418
Category : Business & Economics
Languages : en
Pages : 532
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Book Description
This book focuses on "creative destruction" in the context of the knowledge economy and society. It examines the ideas of innovation and entrepreneurship developed by Joseph Schumpeter in the early part of the twentieth century; ideas that challenged the orthodoxy of his peers and continue to be a critical force for developing sustainable advantage among enterprises. The discussions and examples illustrate ideas and provide arguments - for both the academic and practitioner - maintaining that although Schumpeter's concepts were developed over seventy years ago, his theory of "creative destruction" is essential for organizations to survive in the future.
Author: Thomas K. McCraw
Publisher: Harvard University Press
ISBN: 0674736966
Category : Biography & Autobiography
Languages : en
Pages : 734
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Book Description
Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.
Author:
Publisher: Springer
ISBN: 9783319153469
Category : Business & Economics
Languages : en
Pages : 2500
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Book Description
The second edition of this exhaustive work (ECIIE) comprehensively covers the broad spectrum of topics relating to the process of creativity and innovation, from a wide variety of perspectives (e.g., economics, management, psychology, anthropology, policy, technology, education, the arts) and modes (individual, organization, industry, nation, region). This edition includes some 400 topical entries, definitions of key terms and concepts and review essays, from a global array of more than 250 researchers, business executives, policymakers, and artists, illuminating the many facets of creativity and innovation and highlighting their relationships to such universal concepts as knowledge management, economic opportunity, and sustainability. Entries feature description of key concepts and definition of terms, full-color illustrations, case examples, future directions for research and application, synonyms and cross-references and bibliographic references.
Author: Michael Brie
Publisher: Springer
ISBN: 3030233278
Category : Philosophy
Languages : en
Pages : 212
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Book Description
Translated from the original German Lenin Neuentdecken and available in English for the first time, this volume rediscovers Lenin as a strategic socialist thinker through close examination of his collected works and correspondence. Brie opens with an analysis of Lenin's theoretical development between 1914 and 1917, in preparation for his critical decision to dissolve the Constituent Assembly in January 1918 in a struggle for power. This led from the dialectics of revolutionary practice and social analysis to a new understanding of socialism, which is compared and contrasted to the alternative Marxist ideas and conceptions of the state posited by Karl Kautsky and Rosa Luxemburg. Rediscovering Lenin then moves to 1921, when Lenin begins a new stage of his theoretical development concerned with resolving the reversal of the revolution’s aims and its results. This process remains unfinished, and the questions raised a hundred years ago remain: How can one intervene successfully and responsibly in social and political crises? What role do social science theories, ideological frameworks, and other practices play in transforming the economic, political and cultural power structures of a society? Brie concludes with a retrospective on the ideas developed by Marx and in the Second International, and their impact on Lenin’s strategic thinking. Placing Lenin's writing itself in the foreground and arguing from inside his own self-learning, Rediscovering Lenin focuses on the reflective relationship between ideology, theory, and practice.
Author: Joseph Schumpeter
Publisher: Routledge
ISBN: 1136519882
Category : Business & Economics
Languages : en
Pages : 178
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Book Description
'The translation of these essays is a testimony to Professor Schumpeter's power in the analysis of economic thinking' The Financial Times. This classic book is divided into four sections. The first gives a broad survey of economic thought from the days of Aristotle to the beginnings of modern times, and the second traces the development of the conception of the circular flow of economic forces. The third and fourth sections cover the main theorems of the classical economists and describe the genesis of the school of marginal utility.
Author: Joseph Postell
Publisher: Lexington Books
ISBN: 0739166603
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
The recent economic crisis in the United States has highlighted a crisis of understanding. In this volume, Bradley C. S. Watson and Joseph Postell bring together some of America's most eminent thinkers on political economy--an increasingly overlooked field wherein political ideas and economic theories mutually inform each other. Only through a restoration of political economy can we reconnect economics to the human good. Economics as a discipline deals with the production and distribution of goods and services. Yet the study of economics can-indeed must--be employed in our striving for the best possible political order and way of life. Economic thinkers and political actors need once again to consider how the Constitution and basic principles of our government might give direction and discipline to our thinking about economic theories, and to the economic policies we choose to implement. The contributors are experts in economic history, and the history of economic ideas. They address basic themes of political economy, theoretical and practical: from the relationship between natural law and economics, to how our Founding Fathers approached economics, to questions of banking and monetary policy. Their insights will serve as trusty guides to future generations, as well as to our own.
Author: Joseph A. Schumpeter
Publisher: Routledge
ISBN: 1351478923
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
Joseph A. Schumpeter was a monumental figure in the history and development of economics. This work brings together his brilliant lectures, delivered more than a century ago, in its first English-language paperback edition. Here, readers will discover Schumpeter's search for an economic science devoid of moral or political dogma. The Nature and Essence of Economic Theory works out what people should think of pure economics, what its nature is, what its methods and findings are, and where thought takes off from there. The book shows the limitations and weaknesses of nineteenth-century economics and how the field could be and was improved by establishing a fundamental differentiation between 'statistics' and 'dynamics'. To convey his arguments, Schumpeter uses certain axioms that form a consistent, self-contained system and show how sound economic science is based on facts and events rather than presuppositions or definitions. Schumpeter's larger aim, beyond a pedagogic tool, was to deduce changes in the market, trade, and exchange of goods and services. He defined the task of economy as the description of the system and its change tendencies. If that can be achieved unequivocally, without resorting to doctrine or dogma, then the field can be considered self-contained.
Author: Jim Wallis
Publisher: Simon and Schuster
ISBN: 1439183171
Category : Religion
Languages : en
Pages : 276
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Book Description
When we start with the wrong question, no matter how good an answer we get, it won’t give us the results we want. Rather than joining the throngs who are asking, When will this economic crisis be over? Jim Wallis says the right question to ask is How will this crisis change us? The worst thing we can do now, Wallis tells us, is to go back to normal. Normal is what got us into this situation. We need a new normal, and this economic crisis is an invitation to discover what that means. Some of the principles Wallis unpacks for our new normal are . . . • Spending money we don’t have for things we don’t need is a bad foundation for an economy or a family. • It’s time to stop keeping up with the Joneses and start making sure the Joneses are okay. • The values of commercials and billboards are not the things we want to teach our children. • Care for the poor is not just a moral duty but is critical for the common good. • A healthy society is a balanced society in which markets, the government, and our communities all play a role. • The operating principle of God’s economy says that there is enough if we share it. • And much, much more . . . In the pages of this book, Wallis provides us with a moral compass for this new economy—one that will guide us on Wall Street, Main Street, and Your Street. Embracing a New Economy Getting back to "the way things were" is not an option. It is time we take our economic uncertainty and use it to find some moral clarity. Too often we have been ruled by the maxims that greed is good, it’s all about me, and I want it now. Those can be challenged only with some of our oldest and best values—enough is enough, we are in it together, and thinking not just for tomorrow but for future generations. Jim Wallis shows that the solution to our problems will be found only as individuals, families, friends, churches, mosques, synagogues, and entire communities wrestle with the question of values together.
Author: Israel M. Kirzner
Publisher: University of Chicago Press
ISBN: 0226437760
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory. He sees orthodox price theory as explaining the configuration of prices and quantities that satisfied the conditions for equilibrium. Mr. Kirzner argues that "it is more useful to look to price theory to help understand how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." Although Competition and Entrepreneurship is primarily concerned with the operation of the market economy, Kirzner's insights can be applied to crucial aspects of centrally planned economic systems as well. In the analysis of these processes, Kirzner clearly shows that the rediscovery of the entrepreneur must emerge as a step of major importance.
Author: Roger D. Johnson
Publisher: Springer
ISBN: 331951265X
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith’s contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.
