Schumpeter's unknown article Development

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dc.contributor.author	Becker, Markus C.	en_US
dc.contributor.author	Esslinger, Hans Ulrich	en_US
dc.contributor.author	Hedtke, Ulrich	en_US
dc.contributor.author	Knudsen, Thorbjørn	en_US
dc.date.accessioned	2009-02-04T10:25:26Z
dc.date.available	2009-02-04T10:25:26Z
dc.date.issued	2004-03-18T00:00:00Z	en_US
dc.identifier.uri	http://hdl.handle.net/10398/6910
dc.description.abstract	The present article introduces Development, a new, unpublished and hitherto unknown article written by Joseph A. Schumpeter. It was originally written in 1932 and titled Entwicklung. Development is remarkable since it helps understand the unity of Schumpeter’s work and significantly adds to Schumpeter’s known works on a number of issues that were central to his theory of economic development. Development shows that Schumpeter considered the explanation of novelty as the most important unsolved scientific problem. For Schumpeter, entrepreneurship remained a good description of novelty, but, by his own admission in Development, nothing is explained thereby. On the optimistic side, Schumpeter indicates that theoretical advances might be forthcoming that can help a better understanding of the social dynamics which gives rise to novelty.	en_US
dc.format.extent	28 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	LINK Working paper;2002-19	en_US
dc.subject.other	kep	en_US
dc.title	Schumpeter's unknown article Development	en_US
dc.type	wp	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Institut for Industriøkonomi og Virksomhedsstrategi
dc.contributor.departmentshort	IVS
dc.contributor.departmentuk	Department of Industrial Economics & Strategy
dc.contributor.departmentukshort	IES
dc.idnumber	x656406177	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2002	en_US
dc.title.subtitle	A missing link between Schumpeter's theories of economic development, business cycles and democracy	en_US