Does Schumpeter still rule? Reflections on the current epoch

Dekkers, R. , Talbot, S., Thomson, J. and Whittam, G. (2014) Does Schumpeter still rule? Reflections on the current epoch. Journal of Innovation Economics and Management, 13(1), p. 7. (doi: 10.3917/jie.013.0007)

Abstract

This paper, exploratory by nature, raises a fundamental question regarding the relevance of Schumpeter and Schumpeterian Thought in our contemporary economy. This is done by arguing that in reading Schumpeter, we distinguish between an ‘Early’ and a ‘Later’ Schumpeter. By analyzing contemporary developments in innovation at both the firm cluster and the systems level we demonstrate how Schumpeter’s analysis is indeed still relevant. What is argued, however, is that we can observe a merging of the ‘two phases’ of Schumpeterian thought with individual businesses seeking collaboration and partnership for the entrepreneurial spark and management of the innovation process.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Dekkers, Dr Rob
• Authors: Dekkers, R., Talbot, S., Thomson, J., and Whittam, G.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: Journal of Innovation Economics and Management
• ISSN: 2032-5355