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Schumpeter’s theory of leadership: a brief sketch

Author

Listed:
  • Panayotis Michaelides

    (National Technical University of Athens)

  • Ourania Kardasi

    (Athens University of Economics and Business)

Abstract

So far, it has hardly been recognized that the great Austrian thinker Joseph Alois Schumpeter had developed a general theory of leadership. In this paper, we analyze how leaders promote change by building on Schumpeter’s understanding of entrepreneurial leadership which fuses the concepts of entrepreneurship and leadership. Also, we analyze Schumpeter’s shift in emphasis regarding his leadership theory. Specifically, Schumpeter in his early works defined entrepreneurs as individuals whose acts have significant effects on firms. However, in his late works he seems to have realized the need to extend further the boundaries of his early approach, to account for social forces.

Suggested Citation

  • Panayotis Michaelides & Ourania Kardasi, 2010. "Schumpeter’s theory of leadership: a brief sketch," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 3(2), pages 122-133, May.
  • Handle: RePEc:bus:jphile:v:3:y:2010:i:2:p:122-133
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    More about this item

    Keywords

    Schumpeter; entrepreneurship; leadership; society;
    All these keywords.

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)

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