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Há 5 dias · The Scourge of Higher Education. A book that pays high returns for decades with endless insights is Joseph Schumpeter’s Capitalism, Socialism and Democracy (1942).. It’s not a systematic treatise.
Há 3 horas · Corporations and their leaders will modify their strategies, their organizations, and their relationships with the institutions surrounding them—or else they will fall victim to Joseph Schumpeter’s “gale of creative destruction” (Schumpeter 1942, 82).
Há 1 dia · Abstract. This article is a reassessment of the relation between Georg Friedrich Knapp and Modern Monetary Theory, a contemporary strand of economics that, under the term chartalism coined by Knapp, is presented by its proponents as a continuation of his 1905 State Theory of Money.
Há 4 dias · The American economist Joseph Schumpeter ’s 20th-century contributions shed light on the distinction between an entrepreneur and a capitalist. He introduced the term Unternehmergeist, or “entrepreneur-spirit,” to designate a driving force of innovation, one that revolutionizes economic structures and thereby fosters constant economic change.
Há 3 dias · Economist Joseph Schumpeter theorized economies progress through long "innovation cycles" driven by disruptive technologies. These cycles feature periods of ...
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Há 5 dias · Joseph Schumpeter (1883–1960), an Austrian political economist who emigrated to the United States in 1932 to become a professor at Harvard University, is known for his theories on business cycles and entrepreneurship. He is perhaps best known for advancing the concept of “creative destruction,” which he defined as the natural process of ...
Há 2 dias · The persistent innovation of gaming systems to meet the desires of consumers is a textbook example of what the economist Joseph Schumpeter described as creative destruction, wherein the economic structure is “incessantly revolutionize[d]…from within, incessantly destroying the old one, incessantly creating a new one.”
