Schumpeterian
1
9.9
- adjective
- /ˌʃʌmˈpeɪtəriən/
- Formal
:
schumpeteriano
- The company adopted Schumpeterian principles to encourage creativity and disrupt existing markets.
You know, we suffer from Schumpeterian lag in, in in politics and economy that it the slowest thing to change is people's minds.
- You know, we suffer from Schumpeterian lag in, in in politics and economy that it the slowest thing to change is people's minds.
Examples
-
To survive and grow in the long term, global capitalism will require both Keynesian interventionism and Schumpeterian liberalism.
Academic text (2008) -
Innovation was the function grafted onto the corporate form by the possibility of Schumpeterian growth, but it would take nearly an entire additional century for the function to be properly absorbed into corporations.
Blog text (32) -
Many people misunderstood the fundamental nature of Schumpeterian growth as being fueled by ideas rather than time.
Blog text (32) -
Mokyr characterizes the growth created by the latter as Schumpeterian growth.
Blog text (32) -
To make sense of the form, the divide between the Smithian and Schumpeterian growth epochs is much more useful than the dynamics of reach.
Blog text (32) -
It is fairly obvious that Schumpeterian growth has been fueled so far by reserves of fossil fuels.
Blog text (32) -
Yet it remains true that the Schumpeterian paradigm is a useful way to look theoretically at the way the postwar Japanese economy has evolved.
Academic text (1991) -
The authors discuss novelty in terms of Schumpeterian innovation (1934), describing BMI as innovative ways to structure transactions.
Academic text (2016) -
"Today, with our own retrospective of half a century, it is apparent that precisely here lies the difference between Keynesian and Schumpeterian ways of looking at things, both for economic analysis and the workings of public policy."
Academic text (1991) -
The point here, following Michael Hudson's work, is to envision a more elastic definition of the process of democratization while retaining the analytically more useful Schumpeterian definition of procedural democracy.
Academic text (1994)
How Schumpeterian
103
5.2
- Formal
1
9.9
165
5.5
50
4.8
306
4.4
994
1.5
Surface Forms
Morphology
Schumpeterian = Schumpeter (transparent) = Schumpeter + ian
Formed by adding the productive suffix '-ian' to the proper name 'Schumpeter', yielding 'relating to Schumpeter'; this is a regular and predictable derivation.
Etymology
Schumpeterian comes from the name of the economist Schumpeter, Joseph Schumpeter, who said that entrepreneurs and new ideas drive big changes in the economy and that new things often replace the old, an idea called 'creative destruction'. So a Schumpeterian strategy focuses on innovation and on changing or replacing old markets.