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- The entrepreneur is the leader who breaks out of the routine, Schumpeter says, who has the will, authority, and “weight” to bend the routinized processes of production out of the inertia and rationality of the existing knowledge and ways of doing things.
www.capitalismmagazine.com › 2020 › 01Joseph A. Schumpeter: Entrepreneurship, Creative Destruction ...
Jan 30, 2022 · For Schumpeter, the entrepreneur was the cornerstone of capitalism—the source of innovation, which is the vital force driving a capitalist economy. Key Takeaways
- Daniel Liberto
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Sep 1, 2009 · We argue, based on the historical perspective of who the entrepreneur is and what he does, from a technology-based perspective, that government acts as entrepreneur in the provision of technology infrastructure when its involvement is both innovative and characterized by entrepreneurial risk.
Aug 9, 2016 · The research question addressed is: what are the antecedents, behavior, strategy, outcomes, and consequences of innovative entrepreneurs or innovative entrepreneurship? Besides its academic value, our study might also be relevant for politics and entrepreneurship practice.
- Joern H. Block, Christian O. Fisch, Mirjam van Praag
- 2017
Jan 13, 2020 · The entrepreneur is the leader who breaks out of the routine, Schumpeter says, who has the will, authority, and “weight” to bend the routinized processes of production out of the inertia and rationality of the existing knowledge and ways of doing things.
Oct 24, 2020 · Schumpeter argued that this force is embodied in the entrepreneur. He defined entrepreneurship as “the carrying out of new combinations” (Schumpeter [1911] 1934, p. 66). Schumpeter’s entrepreneur was “the agent of innovation,” and he described them as “the pivot on which everything turns.”.
- christopher.ziemnowicz@uncp.edu
definition of entrepreneurship will help as it is defined slightly differently by both Knight and Schumpeter. Shaffer offers the definition of entrepreneurship based on several economists, “as the purposeful activity of an individual or group of individuals to undertake, to initiate, to
The stationary state is, according to Schumpeter, described by Walrasian equilibrium. The hero of his story is the entrepreneur. The entrepreneur disturbs this equilibrium and is the prime cause of economic development, which proceeds cyclically along with several time scales.
