The Theory of Economic Development of J.A. Schumpeter: Key Features: [preprint]

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dc.contributor.authorBazhal, Iurii
dc.date.accessioned2018-07-17T12:39:44Z
dc.date.available2018-07-17T12:39:44Z
dc.date.issued2016
dc.description.abstractThis paper comprises translation into English the preface of Iurii Bazhal to the first Ukrainian edition of Joseph Schumpeter’s famous fundamental book "The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle" that was translated in Ukrainian and published in 2011 in commemoration of its 100th anniversary. The paper reveals the contemporary significance of this classical book as the challenger on replacing the neoclassical approaches in capacity to become the mainstream of modern economic theory. It is shown the Schumpeter’s approach gives a new vision of driving forces for economic development where a crucial conceptual place belongs to category the innovation. Second part of the paper reviews modern Neo-Schumpeterian approaches which have substantiated the importance of the structural innovation technological change of national economy for economic development. The government must permanently analyze a compliance of the actual production structure in the country with the current and future technological paradigms.en_US
dc.identifier.citationBazhal, Iurii, The Theory of Economic Development of J.A. Schumpeter: Key Features [preprint] / Iurii Bazhal // Munich Personal RePEc Archive. - 2016. - February. - 16 p.en_US
dc.identifier.urihttps://ekmair.ukma.edu.ua/handle/123456789/13601
dc.language.isoenen_US
dc.relation.sourceMunich Personal RePEc Archiveen_US
dc.statusfirst publisheden_US
dc.subjectSchumpeteren_US
dc.subjectDynamics of economic developmenten_US
dc.subjectInnovation theoryen_US
dc.subjectTechnological paradigmen_US
dc.subjectInnovation policyen_US
dc.subjectarticleen_US
dc.subjectpreprinten_US
dc.titleThe Theory of Economic Development of J.A. Schumpeter: Key Features: [preprint]en_US
dc.typeArticleen_US
dc.typePreprinten_US
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Кафедра економічної теорії