Schumpeter's Idea of a Universal Science

This paper deals with methodological principles of Schumpeter’s academic writings. Those principles led Schumpeter to create diverse works and were reflected systematically in some of his writings, where Schumpeter emerged as a theorist of science. Besides working on specific topics, Schumpeter dealt systematically with methodological issues in different works. Schumpeter’s History of Economic Analysis, in particular, must be regarded as the one study among his diverse works, which is considered not only his latest but also his most relevant analysis concerning social sciences and the role of economics in relation to sociology, history and other academic branches. The substantial preface of the History of Economic Analysis can be regarded as a manual on how to refer to different academic branches and integrate them into a coherent universal social science, which is far removed from being an autistic, narrow economic science of some modern representation. Although Schumpeter’s History of Economic Analysis has been extensively printed in several editions, the idea is that the preface especially reveals somewhat neglected thoughts in Schumpeterian discourse. While Schumpeter is mostly regarded as a pioneer of evolutionary economics, this paper argues that Schumpeter could also, perhaps primarily, be interpreted as a well-reasoning institutionalist aiming at a universal social science. From today’s point of view, Schumpeter is a truly interdisciplinary theorist

Making 'greener' connections: an introduction to the Special Issue

This Special Issue of the International Journal of Entrepreneurship and Innovation (‘Green innovation’ – connecting governance, practices and outcomes) brings together a set of papers that focus on social and technological innovations designed to address the environmental sustainability challenges that we face today. Several contributions were first presented as part of the Economic and Social Research Council seminar series, ‘Green Innovation: Making it Work’, which took place between 2015 and 2017.1 Co-organized by Nottingham Trent University and The Open University, the series examined many types of pro-environmental innovation, with a particular focus on the factors that constrain and enable their practical implementation. The choice of the broad and populist term ‘green innovation’ (Schiederig et al., 2012), rather than more specific terms like ‘eco-innovation’ or ‘environmental innovation’, was quite deliberate and intended to signal the intention to create a forum for the interchange of ideas and research findings between academics with sustainability-related research interests, and sustainability practitioners drawn from the private, public and voluntary sectors. Practitioner engagement and participation was a prominent feature of the series, reflecting a desire to maximize the impact of the seminars outside academia. We were fortunate not merely to have practitioners attend the seminars, but to include papers from a number of them during the course of the series. Among the practitioners who gave papers during the course of the series were a Principal Administrator from the Energy Directorate of the European Commission, a transport consultant, a local authority transport planner, a property developer and a representative of a leading European train manufacturer. The Special Issue includes an article based on one of these practitioner-led presentations, while other seminar contributions have informed its overall shape and focus

The theoretical bases of economic policy: the Schumpeterian perspective

The central role of economic policy in an evolutionary environment is stressed. Based on a Schumpeterian view the theoretical foundations of such a policy are discussed. This investigation leads to the result that not general rules satisfying and maintaining equilibrium are required but a constant watchfulness, reaction, and, if possible, anticipation of what happens in the economy.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/46109/1/191_2005_Article_BF01237909.pd

Schumpeter: Theorist of the Avant-Garde

This paper argues that Schumpeter’s 1911 edition of ‘Theory of Economic Development’ can be fruitfully read as a theory of the avant-garde, in line with such theories developed by artistic avant-garde around the same time, in particular by the Italian Futurists. In particular it will show that both Schumpeter and other avant-garde theorists sought to break with past (1), identify an avant-garde who could force that break (2), find new ways to represent the dynamic world (3), embrace the new and dynamic (4) and promote a perpetual dynamic process, instead of a specific end-state or utopia (5). This new reading helps us to understand the cultural meaning of this seminal text in economics. Secondly it greatly facilitates our understanding of the differences with the later interwar German edition and English edition, which were more cautious in their embrace of the new, less focused on the individual qualities of the entrepreneur and placed more emphasis on historical continuity. Thirdly this reading suggests a different reason for the bifurcation between Schumpeter and the rest of the Austrian school of economics. Traditionally this split is explained by Schumpeter’s affinities with the Lausanne School, this paper instead suggests that the crucial break between Schumpeter on the one hand and Böhm-Bawerk, Wieser and later members of the Austrian School on the other hand is their theory of and attitude toward social change

A technological proposal using virtual worlds to support entrepreneurship education for primary school children

The importance of entrepreneurship education from elementary school through college is now recognized as an important aspect of children’s education. At the level of basic education, the development of entrepreneurial activities using Information and Communication Technologies, specifically three-dimensional virtual worlds, is seen as an area with potential for exploration. The research presented herein is a model that allows the development of entrepreneurial activities in virtual worlds with children attending primary education. This model allows the preparation, monitoring and development of entrepreneurship education activities in virtual worlds, including safe interaction in virtual worlds between the children and the community. For this, we identified a set of requirements that would allow the teaching and learning of entrepreneurship in virtual worlds, from which a technological model was implemented through an application, EMVKids (after the Portuguese expression “Empreendedorismo em Mundos Virtuais com Crianças”, entrepreneurship with children in virtual worlds).info:eu-repo/semantics/publishedVersio

New evidence on Allyn Young's style and influence as a teacher

This paper publishes the hitherto unpublished correspondence between Allyn Abbott Young's biographer Charles Blitch and 17 of Young's former students or associates. Together with related biographical and archival material, the paper shows the way in which this adds to our knowledge of Young's considerable influence as a teacher upon some of the twentieth century's greatest economists. The correspondents are as follows: James W Angell, Colin Clark, Arthur H Cole, Lauchlin Currie, Melvin G de Chazeau, Eleanor Lansing Dulles, Howard S Ellis, Frank W Fetter, Earl J Hamilton, Seymour S Harris, Richard S Howey, Nicholas Kaldor, Melvin M Knight, Bertil Ohlin, Geoffrey Shepherd, Overton H Taylor, and Gilbert Walker

Satisfaction with democracy in Turkey: findings from a national survey

A variety of factors affect citizens' satisfaction with democracy. Based on Turkey's political and economic context, as well as the existing literature, this study investigates the effect of four factors on people's satisfaction with democracy in Turkey: citizens' conceptualizations of democracy, being a political winner, citizens' perceptions of electoral integrity, and ethnic identity. Regression analysis of a nationally representative survey reveals that political losers and those with negative perceptions of electoral integrity are less satisfied with democracy in Turkey, while people's conceptualizations of democracy and ethnic identity do not have an effect on satisfaction with democracy. We conclude that, in Turkey, political polarization and negative perceptions of electoral integrity trigger a decline in citizens' satisfaction with democracy, which requires the attention of policymakers

Sources of Financial Fragility: Financial Factors in the Economics of Capitalism

Originally, paper prepared for the conference, Coping with Financial Fragility: A Global Perspective, 7-9 September 1994, Maasdricht. (sic) Also included are handwritten and word processed pages showing original drafts of the paper