Innovation and monopoly: The position of Schumpeter

Antonella Laino

MPRA Paper from University Library of Munich, Germany

Abstract: When it speaks of Schumpeterian hypothesis we refer to the close relationship that exists between the degree of innovation and market structure. The entrepreneur represented by Schumpeter's is strongly creative and innovative to condition to be able to get e/o to maintain a market power, and thus make a extra profit

Keywords: Innovation; monopoly; Schumpeter; Market structure (search for similar items in EconPapers)
JEL-codes: A11 D42 L12 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-com, nep-ino and nep-tid
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