Joseph Schumpeter Quote

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.


The Theory of Economic Development (ed. Transaction Publishers, 2011) - ISBN: 9781412815925

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The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of...

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The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of...

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The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of...

Picture Quote 4

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of...