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From The Idea Of An Innovative Person By Mr. Joseph Alois Schumpeter To A Concept Of Innovative Development Of Socioeconomic Systems

Author

Listed:
  • Yuri Persky

    (Perm National Research Polytechnic University)

  • Julia Dubrovskaya

    (Perm National Research Polytechnic University)

Abstract

The article attempts to extrapolate the innovative key ideas of Joseph Alois Schumpeter for more complex multi­level socioeconomic systems. A hypothesis of a hierarchical approach to the research study of the innovation development is introduced, which explains that an “inter­ level interaction” contains an extensive effective potential represented as synergy effects of different kinds which are reflecting one of the major well­known properties of any system – emergence property. Based on an econometric modelling of cross­country indicators, a hypothesis confirmation is provided on an example of the local government system as a factor of harmonizing the economic entities interests at different hierarchical levels.

Suggested Citation

  • Yuri Persky & Julia Dubrovskaya, 2012. "From The Idea Of An Innovative Person By Mr. Joseph Alois Schumpeter To A Concept Of Innovative Development Of Socioeconomic Systems," European Journal of Business and Economics, Central Bohemia University, vol. 6(0), pages 34-381:6, September.
    • Handle: RePEc:aad:ejbejj:v:6:y:2012:i:0:p:34-38
    DOI: 10.12955/ejbe.v6i0.141
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    File URL: http://ojs.journals.cz/index.php/EJBE/article/view/141/146
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    More about this item

    Keywords

    Innovative developmentInter-level interaction; System of local government; Institutions;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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