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Innovation and Entrepreneurship: Schumpeter Revisited

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  • Hagedoorn, John

Abstract

In a large part of the literature on Schumpeter one finds that attention is paid to either his early contributions, with reference to the role of the entrepreneur as the personification of innovation, or to his later contributions, stressing the role of large companies as main drivers of innovation. This paper complements some recent contributions to the assessment of the influence of Schumpeter on economics and social sciences in general. It demonstrates that a careful reading of his writings reveals that there is no simple dichotomy between the 'old' and the 'young'. Entrepreneurial activities play an active role in understanding the dynamics of innovation throughout Schumpeter's theory. Copyright 1996 by Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Industrial & Corporate Change.

Volume (Year): 5 (1996)
Issue (Month): 3 ()
Pages: 883-96

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Handle: RePEc:oup:indcch:v:5:y:1996:i:3:p:883-96

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Cited by:
  1. David Audretsch & Roy Thurik, 0000. "Sources of Growth," Tinbergen Institute Discussion Papers, Tinbergen Institute 97-109/3, Tinbergen Institute.
  2. repec:dgr:uvatin:0000109 is not listed on IDEAS
  3. Mark Rogers, 2004. "Competition, agency and productivity," International Journal of the Economics of Business, Taylor & Francis Journals, Taylor & Francis Journals, vol. 11(3), pages 349-367.
  4. Voeten, Jaap & Haan, Job de & Groot, Gerard de, 2009. "Is that Innovation? Assessing Examples of Revitalized Economic Dynamics among Clusters of Small Producers in Northern Vietnam," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) 055, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  5. repec:dgr:uvatin:2097109 is not listed on IDEAS
  6. Kor, Yasemin Y. & Mahoney, Joseph T. & Michael, Steven C., 2005. "Resources, Capabilities and Entrepreneurial Perceptions," Working Papers, University of Illinois at Urbana-Champaign, College of Business 05-0120, University of Illinois at Urbana-Champaign, College of Business.
  7. Pradhan, Jaya Prakash, 2011. "Regional heterogeneity and firms’ innovation: the role of regional factors in industrial R&D in India," MPRA Paper 28096, University Library of Munich, Germany.

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