From The Idea Of An Innovative Person By Mr. Joseph Alois Schumpeter To A Concept Of Innovative Development Of Socioeconomic Systems

Yuri Persky () and Julia Dubrovskaya ()
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Yuri Persky: Perm National Research Polytechnic University
Julia Dubrovskaya: Perm National Research Polytechnic University

European Journal of Business and Economics, 2012, vol. 6, issue 0, 34-38 volume1: 6

Abstract: The article attempts to extrapolate the innovative key ideas of Joseph Alois Schumpeter for more complex multi­level socioeconomic systems. A hypothesis of a hierarchical approach to the research study of the innovation development is introduced, which explains that an “inter­ level interaction” contains an extensive effective potential represented as synergy effects of different kinds which are reflecting one of the major well­known properties of any system – emergence property. Based on an econometric modelling of cross­country indicators, a hypothesis confirmation is provided on an example of the local government system as a factor of harmonizing the economic entities interests at different hierarchical levels.

Keywords: Innovative developmentInter-level interaction; System of local government; Institutions (search for similar items in EconPapers)
JEL-codes: C50 O11 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:aad:ejbejj:v:6:y:2012:i:0:p:34-38

DOI: 10.12955/ejbe.v6i0.141

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