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Capitalism and Democracy in the 21st Century
. Ed(S): Mueller, Dennis C.; Cantner, Uwe
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Description for Capitalism and Democracy in the 21st Century
Paperback. Editor(s): Mueller, Dennis C.; Cantner, Uwe. Num Pages: 384 pages, 33 black & white tables, biography. BIC Classification: JPA; JPHV; KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 20. Weight in Grams: 593.
Joseph Schumpeter oscillated in his view about the type of economic system that was most conducive to growth. In his 1911 treatise, Schumpeter argued that a more decentralized and turbulent industry structure where the pro cess of creative destruction was triggered by vigorous entrepreneurial ac tivity was the engine of economic growth. But by 1942 Schumpeter had modified his theory, arguing instead that a more centralized and stable industry structure was more conducive to growth. According to Schum peter (1942, p. 132), under the managed economy there was little room for entrepreneurship because, "Innovation itself is being reduced to routine. ... Read more
Joseph Schumpeter oscillated in his view about the type of economic system that was most conducive to growth. In his 1911 treatise, Schumpeter argued that a more decentralized and turbulent industry structure where the pro cess of creative destruction was triggered by vigorous entrepreneurial ac tivity was the engine of economic growth. But by 1942 Schumpeter had modified his theory, arguing instead that a more centralized and stable industry structure was more conducive to growth. According to Schum peter (1942, p. 132), under the managed economy there was little room for entrepreneurship because, "Innovation itself is being reduced to routine. ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
384
Condition
New
Number of Pages
378
Place of Publication
Heidelberg, Germany
ISBN
9783790824803
SKU
V9783790824803
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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