Innovation and Business Cycles
The main purpose of this chapter is to assess the originality of Schumpeter's theory of business cycles. The first section outlines the distinctive features of Schumpeter's approach to business cycles and economic dynamics. Section two looks at the mechanisms constituting the cycle in Schumpeter's two major contributions on this subject, the Theory of Economic Development (1911) and Business Cycles (1939).
|Date of creation:||2002|
|Date of revision:|
|Publication status:||Published in R. Arena and C. Dangel-Hagnauer. The Contribution of Joseph Schumpeter to Economics: Economic Development and Institutional Change, Routledge, pp.127-145, 2002|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00271362|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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- Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Philipps University Marburg, Department of Geography.
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