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A Schumpeterian Renaissance?

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    Abstract

    In the last few decades of the twentieth century, the attention paid to technical innovation in the economics and management literature and in social science generally has justified some such description as "a Schumpeterian renaissance". This article, in justifying the concept of such a renaissance, distinguishes in particular Schumpeter's work on the clustering of innovations and technological revolutions as a major contribution to contemporary theory. As always during his lifetime, the relevance of these ideas to his work on Business Cycles remains controversial but the debate on this topic has certainly enlivened the renaissance of neo-Schumpeterian economic theory and research.

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    File URL: http://www.sussex.ac.uk/spru/documents/sewp102.pdf
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    Bibliographic Info

    Paper provided by SPRU - Science and Technology Policy Research, University of Sussex in its series SPRU Working Paper Series with number 102.

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    Length: 22 pages
    Date of creation: 01 Jul 2003
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    Handle: RePEc:sru:ssewps:102

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    Keywords: innovation clusters; technological revolution; Schumpeter; business cycles;

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    1. Silverberg, Gerald, 2002. "The discrete charm of the bourgeoisie: quantum and continuous perspectives on innovation and growth," Research Policy, Elsevier, vol. 31(8-9), pages 1275-1289, December.
    2. Richard R. Nelson, 1995. "Recent Evolutionary Theorizing about Economic Change," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 48-90, March.
    3. Erik Reinert, 2002. "Schumpeter In The Context Of Two Canons Of Economic Thought," Industry and Innovation, Taylor & Francis Journals, vol. 9(1-2), pages 23-39.
    4. Trajtenberg, M. & Bresnahan, T.F., 1992. "General Purpose Technologies: "Engines of Growth"," Papers 16-92, Tel Aviv.
    5. Erik S. Reinert, . "Competitiveness and its predecessors - a 500-year cross-national perspective," STEP Report series 199403, The STEP Group, Studies in technology, innovation and economic policy.
    6. Christensen, Clayton M. & Rosenbloom, Richard S., 1995. "Explaining the attacker's advantage: Technological paradigms, organizational dynamics, and the value network," Research Policy, Elsevier, vol. 24(2), pages 233-257, March.
    7. Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
    8. Samuel Hollander, 1965. "The Sources of Increased Efficiency: A Study of DuPont Rayon Plants," MIT Press Books, The MIT Press, edition 1, volume 1, number 026258235x, December.
    9. Bruno Crépon & Emmanuel Duguet & Jacques Mairesse, 1998. "Research, Innovation and Productivity : An Econometric Analysis at the Firm Level," Working Papers 98-33, Centre de Recherche en Economie et Statistique.
    10. Rosenberg, Nathan & Frischtak, Claudio R, 1984. "Technological Innovation and Long Waves," Cambridge Journal of Economics, Oxford University Press, vol. 8(1), pages 7-24, March.
    11. Kennedy, Charles & Thirlwall, A P, 1972. "Technical Progress: A Survey," Economic Journal, Royal Economic Society, vol. 82(325), pages 11-72, March.
    12. Jan Fagerberg, 2003. "Schumpeter and the revival of evolutionary economics: an appraisal of the literature," Journal of Evolutionary Economics, Springer, vol. 13(2), pages 125-159, 04.
    13. Dahmen, Erik, 1984. "Schumpeterian dynamics : Some methodological notes," Journal of Economic Behavior & Organization, Elsevier, vol. 5(1), pages 25-34, March.
    14. Yuichi Shionoya, 1991. "Schumpeter on Schmoller and Weber: A Methodology of Economic Sociology," History of Political Economy, Duke University Press, vol. 23(2), pages 193-219, Summer.
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