The Legacy of Joseph A. Schumpeter - 9781858985053

The Legacy of Joseph A. SchumpeterAuthor(s): Horst Hanusch\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781858985053, 978-1858985053\nSynopsis\nThis authoritative collection presents an overview of the widespread significance of Schumpeter's thought. Part I examines the reception accorded to Schumpeter's ideas by his contemporaries. In Part II the impact of his scientific ideas from the 1950s to the 1970s is investigated. Part III covers the renewed influence of Schumpeter's thought in the 1980s. Whilst the contributions on industrial economics are presented in neoclassical fashion, the studies of innovation economics and evolutionary modelling reveal further ramifications of Schumpeter's legacy. Part IV highlights the importance of Schumpeterian ideas on modern macroeconomic theories and the final part demonstrates the influence of his thought in other fields such as public finance, sociology, politic.