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| Author: | Becker, M. C. Knudsen, T. |
| Title: | Schumpeter 1911: Farsighted Visions on Economic Development |
| Journal: | American Journal of Economics and Sociology
2002 : APR, VOL. 61:2, p. 387-404 |
| Index terms: | ECONOMIC THEORY ECONOMICS DEVELOPMENT DEVELOPMENT ECONOMICS LITERATURE |
| Language: | eng |
| Abstract: | The newly-translated material, presented here for the first time in English, comprises a substantial part of the second chapter, only available in a completely rewritten version, and fully half of the famous seventh chapter, which has not been previously available at all in English. This material merits attention today because it contains remarkable and farsighted visions on economic theory that may inspire current efforts to devise models of economic and social evolution. In order to better appreciate the original text, the paper briefly introduces the "background" to Theory and its revisions, briefly de scribing the social and intellectual environment of the time. The authors then discuss how the entrepreneur evolved over the three editions of Theory in view of the shift in Schumpeter's personal and intellectual life. |
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