Economics at your fingertips  

Testing the Schumpeterian Hypothesis

Zoltan Acs () and David Audretsch ()

Eastern Economic Journal, 1988, vol. 14, issue 2, 129-140

Abstract: The late Joseph Schumpeter had opposing views about economic development. In his earlier work, he argued that innovation is promoted by the presence of entrepreneurs outside the firm. Later, he argued that innovation activity is promoted by large firms, for whom the innovation process in endogenous. This paper uses a direct measure of innovation to test the later Schumpeterian hypothesis. The authors find support for bo th the early and later Schumpeterian hypotheses about innovation.

Date: 1988
References: View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().

Page updated 2022-05-16
Handle: RePEc:eej:eeconj:v:14:y:1988:i:2:p:129-140