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special issue: Weber, Schumpeter and Knight on entrepreneurship and economic development

Author

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  • Maria T. Brouwer

    (University of Amsterdam, Department of Economics and Econometrics, Roetersstraat 11, 1018 WB Amsterdam, The Netherlands)

Abstract

This paper interprets the discussion on entrepreneurship and economic development that started off with Weber's papers on the Protestant Ethic. Weber sought the reason for the relatively rapid growth of the Occident in the rational, Calvinist attitude to life. Calvinism - in his view - exactly suited a society of free labourers, who were not tied to master and soil by extra-economic considerations as in tribal and feudal societies. Schumpeter gave an alternative explanation, emphasizing the importance of innovation and entrepreneurship. Knight, who stressed neither rationality nor innovation but uncertainty and perceptiveness as the sole source of progress and profits, followed up German language writing on this subject. Only the investor who can detect hitherto hidden qualities in people can gain. The paper demonstrates how these three authors influenced each other. The debate between these three authors has raised many issues of governance and organization that feature contemporary thinking.

Suggested Citation

  • Maria T. Brouwer, 2002. "special issue: Weber, Schumpeter and Knight on entrepreneurship and economic development," Journal of Evolutionary Economics, Springer, vol. 12(1), pages 83-105.
    • Handle: RePEc:spr:joevec:v:12:y:2002:i:1:p:83-105
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    Citations

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    Cited by:

    1. Jörn Block & Christian Fisch & Farooq Rehan, 2020. "Religion and entrepreneurship: a map of the field and a bibliometric analysis," Management Review Quarterly, Springer, vol. 70(4), pages 591-627, November.
    2. Nybakk, Erlend & Hansen, Eric, 2008. "Entrepreneurial attitude, innovation and performance among Norwegian nature-based tourism enterprises," Forest Policy and Economics, Elsevier, vol. 10(7-8), pages 473-479, October.
    3. K. Parboteeah & Sascha Walter & Jörn Block, 2015. "When Does Christian Religion Matter for Entrepreneurial Activity? The Contingent Effect of a Country’s Investments into Knowledge," Journal of Business Ethics, Springer, vol. 130(2), pages 447-465, August.
    4. Varsha P. S. & Gayathri Reddy K. & Sudheendra Rao L. N. & Amit Kumar, 2019. "Impact of self-help groups, capacity building measures and perceived tension on women empowerment- an empirical study," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 9(3), pages 65-87, March.
    5. Lunnan, Anders & Nybakk, Erlend & Vennesland, Birger, 2006. "Entrepreneurial attitudes and probability for start-ups--an investigation of Norwegian non-industrial private forest owners," Forest Policy and Economics, Elsevier, vol. 8(7), pages 683-690, October.
    6. Niklas Elert & Dan Johansson & Mikael Stenkula & Niklas Wykman, 2023. "The evolution of owner-entrepreneurs’ taxation: five tax regimes over a 160-year period," Journal of Evolutionary Economics, Springer, vol. 33(2), pages 517-540, April.
    7. John N.N Ugoani & Anthony N. Nwaubani, 2014. "Entrepreneurship Education as Helicopter for Entrepreneurship Development: Nigerian Perspective," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 4(4), pages 182-198.
    8. John B. Cullen & Jean L. Johnson & K. Praveen Parboteeah, 2014. "National Rates of Opportunity Entrepreneurship Activity: Insights from Institutional Anomie Theory," Entrepreneurship Theory and Practice, , vol. 38(4), pages 775-806, July.
    9. Sergio A. Contreras & Andrew J. Greenlee, 2021. "Evaluating the effectiveness of ChileCompra's Entrepreneurship Centers policy," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(4), pages 1262-1282, August.
    10. Suhaila Abdul Kadir & Muhamad Saufi Che Rusuli, 2016. "Aviation Entrepreneur Model (AEM) in Malaysia: A Review," European Journal of Multidisciplinary Studies Articles, Revistia Research and Publishing, vol. 1, January -.
    11. Mumford, Jonathan Van & Zettinig, Peter, 2022. "Co-creation in effectuation processes: A stakeholder perspective on commitment reasoning," Journal of Business Venturing, Elsevier, vol. 37(4).

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