IDEAS home Printed from https://ideas.repec.org/a/cai/jiedbu/jie_014_0041.html
   My bibliography  Save this article

Innovation economics and the role of the innovative entrepreneur in economic theory

Author

Listed:
  • Jerry Courvisanos
  • Stuart Mackenzie

Abstract

Innovation economics is poorly defined due to a plethora of meanings to innovation, and each having a distinctive diverse connection to economic analysis. This crucial aspect of economic development is only weakly integrated into the main body of economics. An excursion through the history of economic thought is conducted in order to find the innovative entrepreneur. This starts with early political economy and on to the cul-de-sac of neoclassical economics and then the early 20th Century dynamic paths for innovation of Joseph Schumpeter (from supply-side) and Micha? Kalecki (from demand-side). The tour ends with the innovation systems work of a diverse set of modern heterodox economists. There is a lack of coherence on what innovation economics is, and the role of the innovative entrepreneur as the change agent tends to fade in the background of these complex innovation systems. A research strategy to overcome this problem ends the paper.

Suggested Citation

  • Jerry Courvisanos & Stuart Mackenzie, 2014. "Innovation economics and the role of the innovative entrepreneur in economic theory," Journal of Innovation Economics, De Boeck Université, vol. 0(2), pages 41-61.
    • Handle: RePEc:cai:jiedbu:jie_014_0041
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=JIE_014_0041
    Download Restriction: free
    File URL: http://www.cairn.info/revue-journal-of-innovation-economics-2014-2-page-41.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ngo Xuan Binh & Nguyen Thi Ngoc & Le Thi Hang Nga & Tran Ngoc Diem, 2020. "Economic Innovation in Vietnam in the Period after 1986," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 131-147.
    2. Anna Pietruszka-Ortyl & Małgorzata Ćwiek, 2021. "Social Facilitators of Specialist Knowledge Dispersion in the Digital Era," Sustainability, MDPI, vol. 13(10), pages 1-25, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:jiedbu:jie_014_0041. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-journal-of-innovation-economics.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.