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Schumpeter’s concept of creative destruction and the development of enterprises in the region

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  • Nina Stepnicka

    (Jan Kochanowski University)

Abstract

Creative destruction is an inevitable process which occurs in any economy. J.A. Schumpeter is the author of creative destruction concept, and by this term he meant a long term evolutionary process which is a form or method of economic change. Creative destruction can be seen in terms of microeconomic, mesoeconomic and macroeconomic. In terms of regions and changes that occur within them, the mesoeconomic level is of utmost importance within which the process of creating new companies and businesses, or adjustment to market change.

Suggested Citation

  • Nina Stepnicka, 2012. "Schumpeter’s concept of creative destruction and the development of enterprises in the region," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 11(4), pages 215-225, December.
    • Handle: RePEc:cpn:umkeip:v:11:y:2012:i:4:p:215-225
    DOI: 10.12775/EiP.2012.043
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    References listed on IDEAS

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    1. Shionoya,Yuichi, 2007. "Schumpeter and the Idea of Social Science," Cambridge Books, Cambridge University Press, number 9780521037969.
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    More about this item

    Keywords

    creative destruction; market chcanes;

    JEL classification:

    • A - General Economics and Teaching

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