Innovation and Growth: Schumpeterian Perspectives, vol 1

F. M. Scherer ()
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F. M. Scherer: Harvard University

in MIT Press Books from The MIT Press

Abstract: These sixteen essays are drawn from a body of work strongly influenced by the thought of Joseph A. Schumpeter. They are particularly appropriate in a time when low rates of growth have become the norm in the Western world and much of the economic debate focuses on prescriptions for industrial regeneration. Each essay tests hypotheses derived from the Schumpeterian propositions that technological innovation gives capitalist economies their peculiar dynamics through a process of "creative destruction," that technological progress has radically increased real income per capita in Western industrialized nations, and that monopoly market structures and their pursuit are a powerful engine of technological progress.

Keywords: Joseph A. Schumpeter; creative destruction; technological innovation (search for similar items in EconPapers)
JEL-codes: B3 O11 O31 (search for similar items in EconPapers)
Date: 1986
Edition: 1
ISBN: 0-262-69102-7
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Citations: View citations in EconPapers (55)

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Persistent link: https://EconPapers.repec.org/RePEc:mtp:titles:0262691027

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