Schumpeter’s Core Works Revisited

Esben Sloth Andersen ()
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Esben Sloth Andersen: Aalborg University

A chapter in Long Term Economic Development, 2013, pp 9-31 from Springer

Abstract: Abstract This paper organizes Schumpeter’s core books in three groups: the programmatic duology, the evolutionary economic duology, and the socioeconomic synthesis. By analysing these groups and their interconnections from the viewpoint of modern evolutionary economics, the paper summarises resolved problems and points at remaining challenges. Its analyses are based on distinctions between microevolution and macroevolution, between economic evolution and socioeconomic coevolution, and between Schumpeter’s three major evolutionary models (called Mark I, Mark II and Mark SC).

Keywords: Economic Evolution; Business Cycle; Incumbent Firm; Evolutionary Research Program; Walrasian Equilibrium (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-35125-9_2

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