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Innovation and Entrepreneurship: Schumpeter Revisited

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Author Info
Hagedoorn, John

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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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Publisher 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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  1. Mark Rogers, 2003. "Competition, Agency and Productivity," Melbourne Institute Working Paper Series wp2003n20, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
    Other versions:
  2. David Audretsch & Roy Thurik, 1997. "Sources of Growth," Tinbergen Institute Discussion Papers 97-109/3, Tinbergen Institute. [Downloadable!]
  3. Kor, Yasemin Y. & Mahoney, Joseph T. & Michael, Steven C., 2005. "Resources, Capabilities and Entrepreneurial Perceptions," Working Papers 05-0120, University of Illinois at Urbana-Champaign, College of Business. [Downloadable!]
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