A ‘Schumpeterian’ Paradigm

Erik Arnold ()

Chapter 3 in Competition and Technological Change in the Television Industry, 1985, pp 37-49 from Palgrave Macmillan

Abstract: Abstract This chapter pulls together several groups of theory which share Schumpeter’s conception of entrepreneurship and technical change as central to firm behaviour, and as tending to move the economy away from equilibrium. It is not concerned with all of Schumpeter’s thinking, but deals with ideas which are largely consistent with Schumpeter’s own descriptions of firm behaviour and competition at the microlevel; for example, the so-called ‘Schumpeterian hypothesis’ of innovativeness being associated with large firm size is not dealt with. It is not testable in a single-industry study of this type. The paradigm set out here is therefore ‘Schumpeterian’ rather than strictly Schumpeterian. As with the neoclassical and ‘managerial-behavioural’ chapters, this chapter involves a degree of simplification and the grouping together of writers who might well view each other as strange bedfellows.

Keywords: Technical Change; Product Cycle; Price Competition; Firm Growth; Firm Behaviour (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07492-1_4

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DOI: 10.1007/978-1-349-07492-1_4

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