On the King of Economic Growth of Entrepreneurs

Author: Zhang Weiying, Sheng Bin
Publisher:
Publish Date: 2009-07-06
Features: Famous economist Joseph Schumpeter awarded the crown of the king of economic growth to entrepreneurs in his book "The Theory of Economic Development." This is not just an honor, but a fact proven by the economic development history of Europe over several hundred years. 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." The so-called "innovation" refers to: introducing new products; new technologies; new production methods; controlling new sources of raw material supply; achieving new organization of the enterprise. The authors of this book focus solely on these five points and illustrate them through numerous case studies.