On Entrepreneurs (Kings of Economic Growth)

Author: Zhang Weiying et al.
Publisher:
Publishing Time: Not available
Features: In his book The Theory of Economic Development, the renowned economist Joseph Schumpeter awarded the crown of the king of economic growth to entrepreneurs. This was not merely an honor but a fact proven by the economic development history of Europe over several centuries. In this book, the authors illustrate this point through the development miracles of Germany and Japan. Schumpeter believed that the soul of capitalism is the entrepreneur, and the function of the entrepreneur is "innovation." By definition, "innovation" refers to: introducing new products; new technologies; new production methods; controlling new sources of raw material supply; and achieving new forms of business organization. The authors of this book focus solely on these five points and elaborate on them through numerous case studies. In his book The Theory of Economic Development, the renowned economist Joseph Schumpeter awarded the crown of the king of economic growth to entrepreneurs. This was not merely an honor but a fact proven by the economic development history of Europe over several centuries. In this book, the authors illustrate this point through the development miracles of Germany and Japan. Schumpeter believed that the soul of capitalism is the entrepreneur, and the function of the entrepreneur is "innovation." By definition, "innovation" refers to: introducing new products; new technologies; new production methods; controlling new sources of raw material supply; and achieving new forms of business organization. The authors of this book focus solely on these five points and elaborate on them through numerous case studies.