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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.

Suggested Citation

  • Hagedoorn, John, 1996. "Innovation and Entrepreneurship: Schumpeter Revisited," Industrial and Corporate Change, Oxford University Press, vol. 5(3), pages 883-896.
  • Handle: RePEc:oup:indcch:v:5:y:1996:i:3:p:883-96
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    Cited by:

    1. Burak Dindaroglu, 2011. "R&D Productivity and Firm Size in Semiconductors and Pharmaceuticals: Evidence from Citation Yields," Working Papers 1101, Izmir University of Economics.
    2. 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.
    3. Mark Rogers, 2004. "Competition, agency and productivity," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 11(3), pages 349-367.
    4. repec:eee:tefoso:v:125:y:2017:i:c:p:166-177 is not listed on IDEAS
    5. 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 055, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. 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.
    7. Najda-Janoszka, Marta, 2013. "Towards Balancing Innovation and Imitation Practices in the Value Creation Process," MPRA Paper 58609, University Library of Munich, Germany.
    8. repec:kap:jtecht:v:42:y:2017:i:5:d:10.1007_s10961-016-9479-2 is not listed on IDEAS
    9. Adalberto Rangone, 2014. "Market, Cultural Heritage And The Solution To The Corporate Governance Problems," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 390-404, July.
    10. Tsukahara, Fábio Yasuhiro & Kimura, Herbert & Sobreiro, Vinicius Amorim & Zambrano, Juan Carlos Arismendi, 2016. "Validation of default probability models: A stress testing approach," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 70-85.
    11. Dow Alexander & Dow Sheila C., 2011. "Animal Spirits Revisited," Capitalism and Society, De Gruyter, vol. 6(2), pages 1-25, December.
    12. Thomas Grebel, 2011. "Innovation and Health," Books, Edward Elgar Publishing, number 14375.
    13. David Audretsch & Roy Thurik, 0000. "Sources of Growth," Tinbergen Institute Discussion Papers 97-109/3, Tinbergen Institute.

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